Income from other sources
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 June 2014
Rs.50000 amount mentioned in section56(2)(Vii) of income tax act 1961 only inrespect one receipt or aggergate of all receipts received during the year.
2.4.13-i received rs.45000
3.4.13-15000
Am i liable to include 60000 under IOS or not
2.4.13-i received rs.45000
3.4.13-15000
Am i liable to include 60000 under IOS or not
26 June 2014
total received during the year...so in this case whole of 60000 shall be taxable.
26 June 2014
Rs. 60000/- will taxable under income from other sources
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
