Meaning of “Any income”

The meaning of any income under section 10(22A) of the Income Tax Act is not defined in the act itself. But we can take guidance from decisions by various high courts. Here are excerpts of courts orders in which the Hon’ble High Court tried to explain the meaning of any income.

Meaning of any income defined by court

The phrase ‘any income’ used in section 10(22A) of the Income Tax Act came up before hon’ble Madras High Court in Director of Income-Tax (Exemptions) vs. A.M.M. Hospitals & Medical Benefit Society [2003] 262 ITR 241 (Mad.) and it explained.

Meaning: Any income’ in section 10(22a) in effect means all income.

Section 10(22A) of the Income Tax Act

10.(22A) [Omitted by the Finance (No. 2) Act, 1998, w.e.f. 1-4-1999;]

In this article, you can get guidance from high courts on the meaning of any income under section 10(22A) of the Income Tax Act.

Updated up to Finance Act 2021