Income-tax Act, 1961
Section - 57 - Deductions
Deductions.57. The income chargeable under the head "Income from other sources" shall be computed after making the following deductions, namely :-
| (i) | - | in the case of dividends, 69[other than that referred in sub-clause (f) of clause (22) of section 2] or interest on securities, any reasonable sum paid by way of commission or remuneration to a banker or any other person for the purpose of realising such dividend or interest on behalf of the assessee ; |
| (ia) | - | in the case of income of the nature referred to in sub-clause (x) of clause (24) of section 2 which is chargeable to income-tax under the head "Income from other sources", deductions, so far as may be, in accordance with the provisions of clause (va) of sub-section (1) of section 36; |
| (ii) | - | in the case of income of the nature referred to in clauses (ii) and (iii) of sub-section (2) of section 56, deductions, so far as may be, in accordance with the provisions of sub-clause (ii) of clause (a) and clause (c) of section 30, sectio .... To read the full section download the app from Google Play store
16 July 2026
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