Question

What incomes are included under the head
"Income from Other Sources and what
deductions are allowed under this head ?​

Answer 1

Explanation:

1. Income which is not exempt and cannot be charged under the heads of salary, income from house property, profits and gains from business or profession, or capital gains, form income from other sources for taxation purpose.

2. All dividends received are taxable under the head of income from other sources.