SlideShare a Scribd company logo
1 of 7
INCOME FROM OTHER SOURCES AY 2009-2010 CA VIVEK GOEL THE TAX HUB copyright with thetaxhub.com
INTRODUCTION ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],copyright with thetaxhub.com
FEW EXAMPLES copyright with thetaxhub.com Following incomes are taxable under this head only [Section 56(2)] 1 Dividends  [if not exempt under section 10(34)] 2 Winnings from lotteries, crossword puzzles, races, card games, gambling or betting of any form  3 Family pension 4 Interest on loan 5 Remuneration received by MP / MLA 6 Interest from URPF on employee’s contribution 7 Interest on income tax refund 8 Any sum of money exceeding Rs.50,000 received without consideration by an individual or a Hindu undivided family then the whole of such sum shall be taxable 9 Rent received on subletting of house property 10 Composite rent, if rent of house & other facilities are not separable ……….etc.
TAXABILITY OF GIFT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],copyright with thetaxhub.com
DECUCTIONS ALLOWED U/S 57 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],copyright with thetaxhub.com
CASUAL INCOME ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],copyright with thetaxhub.com
DEEMED INCOME U/S 59 ,[object Object],copyright with thetaxhub.com

More Related Content

What's hot

Income from Salary
Income from SalaryIncome from Salary
Income from SalaryRAJESH JAIN
 
Income under the 5 heads
Income under the 5 headsIncome under the 5 heads
Income under the 5 headsRishiraj Yadav
 
Income from other sources
Income from other sourcesIncome from other sources
Income from other sourcesMalik Tayyeb
 
Clubbing of income ppt
Clubbing of income pptClubbing of income ppt
Clubbing of income pptjiten parmar
 
Residential status
Residential statusResidential status
Residential statusPuneet Arora
 
Lecture 12 income from business and profession
Lecture 12   income from business and professionLecture 12   income from business and profession
Lecture 12 income from business and professionsumit235
 
Income from house property
Income from house propertyIncome from house property
Income from house propertyAltacit Global
 
Income from Other Sources
Income from Other SourcesIncome from Other Sources
Income from Other SourcesChella Pandian
 
Exempted income under income tax act
Exempted income under income tax actExempted income under income tax act
Exempted income under income tax actAltacit Global
 
Set-Off or Carry Forward of Losses in Income Tax Act
Set-Off or Carry Forward of Losses in Income Tax ActSet-Off or Carry Forward of Losses in Income Tax Act
Set-Off or Carry Forward of Losses in Income Tax ActDVSResearchFoundatio
 
Income tax authorities under Income tax act 1961
Income tax authorities under Income tax act 1961Income tax authorities under Income tax act 1961
Income tax authorities under Income tax act 1961Chirantan Tiwari
 
Income Of Other Persons, Included In Assesses Total Income
Income Of Other Persons, Included In Assesses Total IncomeIncome Of Other Persons, Included In Assesses Total Income
Income Of Other Persons, Included In Assesses Total IncomeAdmin SBS
 
Income from house property
Income from house propertyIncome from house property
Income from house propertyKshitij Gupta
 
Income from business or profession
Income from business or professionIncome from business or profession
Income from business or professionParminder Kaur
 
Income under head salaries
Income under head salariesIncome under head salaries
Income under head salariesANAND KANKANI
 

What's hot (20)

Income from Salary
Income from SalaryIncome from Salary
Income from Salary
 
Income under the 5 heads
Income under the 5 headsIncome under the 5 heads
Income under the 5 heads
 
Pgbp
PgbpPgbp
Pgbp
 
Income tax act 1961
Income tax act 1961Income tax act 1961
Income tax act 1961
 
Income from other sources
Income from other sourcesIncome from other sources
Income from other sources
 
INCOME FROM OTHER SOURCES
INCOME FROM OTHER SOURCESINCOME FROM OTHER SOURCES
INCOME FROM OTHER SOURCES
 
Clubbing of income ppt
Clubbing of income pptClubbing of income ppt
Clubbing of income ppt
 
Residential status
Residential statusResidential status
Residential status
 
Income from salary
Income from salaryIncome from salary
Income from salary
 
Lecture 12 income from business and profession
Lecture 12   income from business and professionLecture 12   income from business and profession
Lecture 12 income from business and profession
 
Income from house property
Income from house propertyIncome from house property
Income from house property
 
Income from Other Sources
Income from Other SourcesIncome from Other Sources
Income from Other Sources
 
Exempted income under income tax act
Exempted income under income tax actExempted income under income tax act
Exempted income under income tax act
 
Set-Off or Carry Forward of Losses in Income Tax Act
Set-Off or Carry Forward of Losses in Income Tax ActSet-Off or Carry Forward of Losses in Income Tax Act
Set-Off or Carry Forward of Losses in Income Tax Act
 
Income tax authorities under Income tax act 1961
Income tax authorities under Income tax act 1961Income tax authorities under Income tax act 1961
Income tax authorities under Income tax act 1961
 
Income Of Other Persons, Included In Assesses Total Income
Income Of Other Persons, Included In Assesses Total IncomeIncome Of Other Persons, Included In Assesses Total Income
Income Of Other Persons, Included In Assesses Total Income
 
Income from house property
Income from house propertyIncome from house property
Income from house property
 
Income from business or profession
Income from business or professionIncome from business or profession
Income from business or profession
 
Income under head salaries
Income under head salariesIncome under head salaries
Income under head salaries
 
Income from Other Sources
Income from Other SourcesIncome from Other Sources
Income from Other Sources
 

Viewers also liked

Income from other sources3A 18 and 31
Income from other sources3A 18 and 31Income from other sources3A 18 and 31
Income from other sources3A 18 and 31Augustin Bangalore
 
Sec 56 others ources
Sec 56 others ources Sec 56 others ources
Sec 56 others ources PSPCL
 
Computation of Profits & Gains of Business or Profession
Computation of Profits & Gains of Business or  ProfessionComputation of Profits & Gains of Business or  Profession
Computation of Profits & Gains of Business or ProfessionDr. Sanjay Sawant Dessai
 
Income from business and profession
Income from business and professionIncome from business and profession
Income from business and professionMohammed Umair
 
Capital Gains (Income Tax Act)
Capital Gains (Income Tax Act)Capital Gains (Income Tax Act)
Capital Gains (Income Tax Act)Rohit Singh
 
27448938 income-from-other-sources-1
27448938 income-from-other-sources-127448938 income-from-other-sources-1
27448938 income-from-other-sources-1Punit Agrawal
 
Profit & Loss & Balance Sheet
Profit & Loss & Balance SheetProfit & Loss & Balance Sheet
Profit & Loss & Balance SheetEmma2015
 
Deemed dividend
Deemed dividendDeemed dividend
Deemed dividendtaxofficer
 
Income From House Property New 2008 09 Assessment Year
Income From House Property New 2008 09 Assessment YearIncome From House Property New 2008 09 Assessment Year
Income From House Property New 2008 09 Assessment YearAugustin Bangalore
 
Exemptions from capital gains
Exemptions from capital gainsExemptions from capital gains
Exemptions from capital gainstheRedIndian
 
Taxation principles: Dividend, Interest, Rental, Royalty and Other sources of...
Taxation principles: Dividend, Interest, Rental, Royalty and Other sources of...Taxation principles: Dividend, Interest, Rental, Royalty and Other sources of...
Taxation principles: Dividend, Interest, Rental, Royalty and Other sources of...Anny MuiiMuii
 
Taxation House Property
Taxation House PropertyTaxation House Property
Taxation House PropertySrajan Mor
 
Exemptions from capital gains under sections 54,
Exemptions from capital gains under sections 54,Exemptions from capital gains under sections 54,
Exemptions from capital gains under sections 54,Aakash Sondur
 
Financial Accounts
Financial AccountsFinancial Accounts
Financial AccountsRobbieA
 
Equity Linked Saving Scheme ( ELSS )
Equity Linked Saving Scheme ( ELSS )Equity Linked Saving Scheme ( ELSS )
Equity Linked Saving Scheme ( ELSS )Roshan Supe
 

Viewers also liked (20)

Income from other sources3A 18 and 31
Income from other sources3A 18 and 31Income from other sources3A 18 and 31
Income from other sources3A 18 and 31
 
Sec 56 others ources
Sec 56 others ources Sec 56 others ources
Sec 56 others ources
 
Computation of income from other souces
Computation of  income from other soucesComputation of  income from other souces
Computation of income from other souces
 
Computation of Profits & Gains of Business or Profession
Computation of Profits & Gains of Business or  ProfessionComputation of Profits & Gains of Business or  Profession
Computation of Profits & Gains of Business or Profession
 
Income from business and profession
Income from business and professionIncome from business and profession
Income from business and profession
 
Capital Gains (Income Tax Act)
Capital Gains (Income Tax Act)Capital Gains (Income Tax Act)
Capital Gains (Income Tax Act)
 
27448938 income-from-other-sources-1
27448938 income-from-other-sources-127448938 income-from-other-sources-1
27448938 income-from-other-sources-1
 
Profit & Loss & Balance Sheet
Profit & Loss & Balance SheetProfit & Loss & Balance Sheet
Profit & Loss & Balance Sheet
 
Deemed dividend
Deemed dividendDeemed dividend
Deemed dividend
 
Income From House Property New 2008 09 Assessment Year
Income From House Property New 2008 09 Assessment YearIncome From House Property New 2008 09 Assessment Year
Income From House Property New 2008 09 Assessment Year
 
Exemptions from capital gains
Exemptions from capital gainsExemptions from capital gains
Exemptions from capital gains
 
Taxation principles: Dividend, Interest, Rental, Royalty and Other sources of...
Taxation principles: Dividend, Interest, Rental, Royalty and Other sources of...Taxation principles: Dividend, Interest, Rental, Royalty and Other sources of...
Taxation principles: Dividend, Interest, Rental, Royalty and Other sources of...
 
Computation of income from other sources
Computation of income from other sourcesComputation of income from other sources
Computation of income from other sources
 
Capital gain
Capital gainCapital gain
Capital gain
 
capital gain
capital gaincapital gain
capital gain
 
Final accounts
Final accountsFinal accounts
Final accounts
 
Taxation House Property
Taxation House PropertyTaxation House Property
Taxation House Property
 
Exemptions from capital gains under sections 54,
Exemptions from capital gains under sections 54,Exemptions from capital gains under sections 54,
Exemptions from capital gains under sections 54,
 
Financial Accounts
Financial AccountsFinancial Accounts
Financial Accounts
 
Equity Linked Saving Scheme ( ELSS )
Equity Linked Saving Scheme ( ELSS )Equity Linked Saving Scheme ( ELSS )
Equity Linked Saving Scheme ( ELSS )
 

Similar to Income Tax Other Sources

income-from-other-sources.ppt
income-from-other-sources.pptincome-from-other-sources.ppt
income-from-other-sources.pptGauravPatil997220
 
Important topics of taxation
Important topics of taxation Important topics of taxation
Important topics of taxation Marria Pirwani
 
INCOME FROM OTHER SOURCES Base.pptx
INCOME FROM OTHER SOURCES Base.pptxINCOME FROM OTHER SOURCES Base.pptx
INCOME FROM OTHER SOURCES Base.pptxDurga Devi
 
Income tax basic concepts
Income tax basic conceptsIncome tax basic concepts
Income tax basic conceptsDr.Sangeetha R
 
income from other sources.pptx
income from other sources.pptxincome from other sources.pptx
income from other sources.pptxSnehalGoel1
 
Income under the head other source
Income under the head other sourceIncome under the head other source
Income under the head other sourceyash nahata
 
Understanding Income-tax – Income From Other Sources
Understanding Income-tax – Income From Other SourcesUnderstanding Income-tax – Income From Other Sources
Understanding Income-tax – Income From Other SourcesDVSResearchFoundatio
 
Copy of Copy of incomefromothersources-191003141148-2.pptx
Copy of Copy of incomefromothersources-191003141148-2.pptxCopy of Copy of incomefromothersources-191003141148-2.pptx
Copy of Copy of incomefromothersources-191003141148-2.pptxYashSharma815533
 
Tax deductable at source
Tax deductable at sourceTax deductable at source
Tax deductable at sourceSourabh Modgil
 
income tax and clubbing of income or aaa
income tax and clubbing of income or aaaincome tax and clubbing of income or aaa
income tax and clubbing of income or aaaaryasanthiya
 
Income From Other Sources
Income From Other SourcesIncome From Other Sources
Income From Other Sourceskaren_rod
 
Direct & indirect taxes
Direct & indirect  taxesDirect & indirect  taxes
Direct & indirect taxesDeepali Mhatre
 
Power point presentation on Income tax Return
Power point presentation on Income tax ReturnPower point presentation on Income tax Return
Power point presentation on Income tax Returnsandeepghargedsp
 
Section 56-of-the-income-tax-act-1961
Section 56-of-the-income-tax-act-1961Section 56-of-the-income-tax-act-1961
Section 56-of-the-income-tax-act-1961Admin SBS
 
Overview of TDS
Overview of TDSOverview of TDS
Overview of TDSGpim
 

Similar to Income Tax Other Sources (20)

income-from-other-sources.ppt
income-from-other-sources.pptincome-from-other-sources.ppt
income-from-other-sources.ppt
 
income-from-other-sources.ppt
income-from-other-sources.pptincome-from-other-sources.ppt
income-from-other-sources.ppt
 
Important topics of taxation
Important topics of taxation Important topics of taxation
Important topics of taxation
 
INCOME FROM OTHER SOURCES Base.pptx
INCOME FROM OTHER SOURCES Base.pptxINCOME FROM OTHER SOURCES Base.pptx
INCOME FROM OTHER SOURCES Base.pptx
 
Income tax basic concepts
Income tax basic conceptsIncome tax basic concepts
Income tax basic concepts
 
income from other sources.pptx
income from other sources.pptxincome from other sources.pptx
income from other sources.pptx
 
Income under the head other source
Income under the head other sourceIncome under the head other source
Income under the head other source
 
Understanding Income-tax – Income From Other Sources
Understanding Income-tax – Income From Other SourcesUnderstanding Income-tax – Income From Other Sources
Understanding Income-tax – Income From Other Sources
 
Tds and tcs
Tds and tcsTds and tcs
Tds and tcs
 
Copy of Copy of incomefromothersources-191003141148-2.pptx
Copy of Copy of incomefromothersources-191003141148-2.pptxCopy of Copy of incomefromothersources-191003141148-2.pptx
Copy of Copy of incomefromothersources-191003141148-2.pptx
 
Tax deductable at source
Tax deductable at sourceTax deductable at source
Tax deductable at source
 
TDS 1-1.pdf
TDS 1-1.pdfTDS 1-1.pdf
TDS 1-1.pdf
 
Income tax
Income tax Income tax
Income tax
 
income tax and clubbing of income or aaa
income tax and clubbing of income or aaaincome tax and clubbing of income or aaa
income tax and clubbing of income or aaa
 
Income From Other Sources
Income From Other SourcesIncome From Other Sources
Income From Other Sources
 
Direct & indirect taxes
Direct & indirect  taxesDirect & indirect  taxes
Direct & indirect taxes
 
other souces.ppt
other souces.pptother souces.ppt
other souces.ppt
 
Power point presentation on Income tax Return
Power point presentation on Income tax ReturnPower point presentation on Income tax Return
Power point presentation on Income tax Return
 
Section 56-of-the-income-tax-act-1961
Section 56-of-the-income-tax-act-1961Section 56-of-the-income-tax-act-1961
Section 56-of-the-income-tax-act-1961
 
Overview of TDS
Overview of TDSOverview of TDS
Overview of TDS
 

Recently uploaded

Earth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatEarth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatYousafMalik24
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 
internship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerinternship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerunnathinaik
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Hierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementHierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementmkooblal
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxthorishapillay1
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsanshu789521
 
CELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxCELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxJiesonDelaCerna
 
Roles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceRoles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceSamikshaHamane
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxsocialsciencegdgrohi
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...Marc Dusseiller Dusjagr
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfUjwalaBharambe
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Celine George
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupJonathanParaisoCruz
 
Pharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfPharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfMahmoud M. Sallam
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersSabitha Banu
 

Recently uploaded (20)

Earth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatEarth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice great
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptx
 
internship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerinternship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developer
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Hierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementHierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of management
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptx
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha elections
 
CELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxCELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptx
 
Roles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceRoles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in Pharmacovigilance
 
OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized Group
 
Pharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfPharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdf
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginners
 

Income Tax Other Sources

  • 1. INCOME FROM OTHER SOURCES AY 2009-2010 CA VIVEK GOEL THE TAX HUB copyright with thetaxhub.com
  • 2.
  • 3. FEW EXAMPLES copyright with thetaxhub.com Following incomes are taxable under this head only [Section 56(2)] 1 Dividends [if not exempt under section 10(34)] 2 Winnings from lotteries, crossword puzzles, races, card games, gambling or betting of any form 3 Family pension 4 Interest on loan 5 Remuneration received by MP / MLA 6 Interest from URPF on employee’s contribution 7 Interest on income tax refund 8 Any sum of money exceeding Rs.50,000 received without consideration by an individual or a Hindu undivided family then the whole of such sum shall be taxable 9 Rent received on subletting of house property 10 Composite rent, if rent of house & other facilities are not separable ……….etc.
  • 4.
  • 5.
  • 6.
  • 7.

Editor's Notes

  1. Beginning course details and/or books/materials needed for a class/project.
  2. A schedule design for optional periods of time/objectives.
  3. Introductory notes.
  4. Objectives for instruction and expected results and/or skills developed from learning.
  5. Relative vocabulary list.
  6. A list of procedures and steps, or a lecture slide with media.