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Income Tax

Heads of Income » Income from other sources »

What types of income are taxable under the head "Income from other sources"?
Which incomes are always specifically charged to tax under the head "Income from other sources" only?
Cite some examples of income that is generally taxable under section 56(1), under the head "Income from other sources".
Since dividend is specifically taxable under the head Income from other sources, what exactly is meant by the word "dividend"?
If bonus shares are distributed to the shareholders, will this be deemed to be dividend?
When is a loan to a shareholder or payment on behalf of or for the benefit of a shareholder treated as dividend?
Is the overdraft, taken by a shareholder, considered as dividend?
When is dividend not taxable in the hands of shareholders?
What are the tax provisions that pertain to winnings from lotteries, crossword puzzles, horse races and card games and other games that involve gambling or betting?
Are winnings from an entertainment programme on television taxable under section 56(2)(ib)?
What are the tax provisions that pertain to interest on securities?
Is interest income exempt from tax?
For which persons is the interest on securities exempt from tax?
Is there any way by which tax can be avoided with respect to interest on securities?
When is the income from a building that is let out specifically charged under the head " Income from other sources"?
If a company, after constructing a building for running a hotel, leases it along with the furniture, will it be charged under "Income from Other Sources" or "Income from House Property"?
If a club lets out its furnished rooms to its members, will the income be charged under the head "Income from other sources"?
When is a sum of money, received without any consideration, treated as income?
Are there any deductions available while calculating the income under the head "Income from Other Sources"?
Is any expenditure, incurred for earning income, deductible?
Which amounts are specifically not deductible from the income chargeable under the head " Income from other sources"?
What are the provisions for loss from activity of owning and maintaining of racehorses?

Income Tax

Introduction to Income Tax

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Rates of Tax

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Rebates From Income-Tax

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Heads of Income

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DIN 1(Application Form)
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Income Tax

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