Classifedz is also available in your country: USA. Starting good deals here now!

What is covered under 'Income from other Sources'? Private / Individual

8 months ago Finance/Banks/Loans Mumbai   68 views

₹ --

  • what-is-covered-under-income-from-other-sources-big-0
Location: Mumbai
Price: ₹ --

There are five heads of income listed in the Income Tax Act, the fifth of which is Income from Other Sources. Any income that is not eligible for tax under any other head of income and cannot be excluded from the total income is taxed as residual income under the head "Income from Other Sources".