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Chargeable Income Under Income from Other Sources - Sec 56(2)

Chargeable Income Under Income from Other Sources - Sec 56(2) - Income Tax - Income from Other Sources - 01 - SECTION 56(1):- INCOME FROM OTHER SOURCES This is the residual head of charge of income. A source of income which does not specifically fall .....

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: Dividend Winnings from Lotteries, Crossword Puzzles, Horse races, Card games, Gambling or Betting Income from interest from securities1 Income from Machinery, plant or furniture let on hire (if the same is not taxable as business income)2 Any sum r .....

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transfer of a capital asset to be taxed u/h Income from other sources 1..Interest on securities -Interest on securities is taxable under the head ' Income from other sources ' if the same is not taxable as business income under section 28 .If .....

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