Chartered Accountant (CA) Question:
Tell me what types of income is included under the head of income from other sources?
Answers:
Answer #1★ Bank Interest
★ Interest on deposits with the companies
★ Interest received on delayed refund of income tax
★ Interest on Loan
★ Insurance commission
★ Agricultural income received from a land situated outside the Country
★ Sitting fees received by a director for attending board meetings
★ Remuneration received by a Member of Parliament
★ Family Pension - The amount of pension received by the legal heirs of a deceased employee.
★ Interest on Income Tax Refund
★ Interest on deposits with the companies
★ Interest received on delayed refund of income tax
★ Interest on Loan
★ Insurance commission
★ Agricultural income received from a land situated outside the Country
★ Sitting fees received by a director for attending board meetings
★ Remuneration received by a Member of Parliament
★ Family Pension - The amount of pension received by the legal heirs of a deceased employee.
★ Interest on Income Tax Refund
Answer #2Income from lottery
income from horse race
income from sub letting
interest on bank deposits
gifts aggregating to more than rs. 50000
gambling and betting income
income from horse race
income from sub letting
interest on bank deposits
gifts aggregating to more than rs. 50000
gambling and betting income
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