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Thursday, 12 October 2023

Income from Other Sources (Section 56 to 59)

Income from Other Sources (Section 56 to 59): INCOME FROM OTHER SOURCES Income which is not chargeable to tax under any of the heads of income specified in the Income Tax Act viz. “Salary”, “House Property”, “Business or Profession” and “Capital Gain” and which is also not exempt from tax under any section of the Income Tax Act, is chargeable to tax under […]

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