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Category: Income from Other Sources

Income From Other Sources

Apr 22, 2023AccstraGST Blocked Credits, Income from Other Sources, MCA Filing, RCM under GST

Basis of Charge Deductions Expenses not Deductible Section 56 Income chargeable to tax under the head “Income from other sources” shall include following: Dividends Income by way of winnings from lotteries, crossword puzzles, races including horse races, card games, gambling or betting of any form or nature whatsoever Any sum received by an employer from…

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