Section 57 - My Tax Support

Practical Examples of Income Taxed Under ‘Income from Other Sources’

The category of Income from Other Sources under the Income Tax Act, 1961 serves as a residual head to tax incomes that do not fall under specified categories like salary, business income, or capital gains. This head covers a

“Landmark Tax Cases: Income from Other Sources in Focus”

The concept of Income from Other Sources under the Income Tax Act, 1961, acts as a residual head, capturing incomes that do not fall under specific categories like salary, business income, or capital gains. Over the years, various judicial

“How to Calculate Taxes on Royalty Income in India”

Royalty income is derived from allowing the use of intellectual property, patents, copyrights, trademarks, or other similar rights. Under the Income Tax Act, 1961, royalty income is generally taxed under the head 'Income from Other Sources,' unless it qualifies

“How to Claim Deductions on Dividend Income Under Section 57”

Under the Income Tax Act, 1961, dividend income and the interest associated with it are taxable under the head 'Income from Other Sources.' Section 57 allows taxpayers to claim specific deductions related to expenses incurred for earning such income,

What Deductions Are Permissible from Income Under Section 57?

Under the Income Tax Act, 1961, Section 57 outlines the deductions allowed from income taxable under the head 'Income from Other Sources.' This section ensures taxpayers can offset certain expenses directly related to earning such income, thereby reducing their

Tag: Section 57

Practical Examples of Income Taxed Under ‘Income from Other Sources’

“Landmark Tax Cases: Income from Other Sources in Focus”

“How to Calculate Taxes on Royalty Income in India”

“How to Claim Deductions on Dividend Income Under Section 57”

What Deductions Are Permissible from Income Under Section 57?

Explore

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Tag: Section 57

Practical Examples of Income Taxed Under ‘Income from Other Sources’

“Landmark Tax Cases: Income from Other Sources in Focus”

“How to Calculate Taxes on Royalty Income in India”

“How to Claim Deductions on Dividend Income Under Section 57”

What Deductions Are Permissible from Income Under Section 57?

Explore

Contact

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