Which one of the following is not an income from other sources?
A) interest on fixed deposit in bank.
B) winnings from cross word puzzles.
C) gift in excess of rs.50,000 from an unrelated person.
D) profit on sale of building.
Correct Answer:
Verified
Q6: Which among the following deduction is available
Q7: Section 80C provides for deduction in respect
Q8: The maximum amount deductible u/s 80GG in
Q9: Tax on long term capital gain is..................
A)10%.
B)20%.
C)30%.
D)25%.
Q10: Income from other sources is a.................
A)residuary head
Q12: Which of the following income from other
Q13: Dividends from co-operative society are........................
A)exempted.
B)taxable.
C)partially exempt
D)d. partially
Q14: Grossing up of interest on securities is
Q15: Tax is reduced from casual incomes at....................
A)10%
Q16: Interest on Bank Term Deposits is subject
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