
Income from other sources
Authored by Ragupathi P
Arts
University
Used 4+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the maximum amount of deduction from family pension is…..
A) 20,000
B) 15,000
C) 25,000
D) None of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income from others sources may be includes
A) Indian company dividend
B) Dividend from units
C) Foreign company dividend
D) All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of dividend received from cooperative society is…..
A) Partly taxable
B) Exempted
C) Taxable
D) All of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
income from others sources is u/s …..
A) 56
B) 57
C) 58
D) None of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not considered as Income from other sources?
a) Rental income from a house
b) Interest earned on bank deposit
c) Profits from business or profession
d) Income from lottery
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the tax rate for income earned from other sources?
a) Flat rate of 20%
b) Flat rate of 10%
c) As per the applicable slab rate
d) No tax is levied on such income
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not included under Income from other sources?
a) Dividend income
b) Interest income on post office savings
c) Rental income from commercial property
d) Wages earned from employment
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?