Dividend received from chit fund


This query is : Resolved 

18 January 2013 Sir,
Dividend received from chit fund company is it taxable under the head income from other sources or U/H Business or proffession?

18 January 2013 Is taking of chits is main business to the assessee then it comes under the head income from business otherwise it is income from other sources.

OM SAI SRI SAI JAI JAI SAI


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