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 u/s…..

• A) 56

• B) 57

• C) 58

• D) None of the above

Interest on saving bank account is exempted up to…..

• A) 15,000

• B) 20,000

• C) 10,000

• D) None of the Above

What is the maximum amount of deduction from family pension is.....

• A)25000

• B)15000

• C)20000

• D)None of the above