Income Tax Law & Practice-II (Income from other sources)

T.D.S. is not deducted on lottery income up to…..Amount

• A) 10,000

• B) 15,000

• C) 5,000

• D) None of the above

If I win from crossword puzzles, horse races, card games and lotteries . then rate of TDS……?

• A) 25%

• B) 15%

• C) 30%

• D) None of the above

Income from others sources is known as…?

• A) Films head of income

• B) Residuary head of income

• C) Marriage heads of income

• D) None of the Above

Income from others sources is u/s …..

• A) 56

• B) 57

• C) 58

• D) None of the above

The amount of dividend received from cooperative society is…..

• A) Partly taxable

• B) Exempted

• C) Taxable

• D) All of the above