Ms. Neha, a resident individual, received the following incomes during the financial year 2025-26: (i) Cash Gift of ₹80,000 from a close family friend on her birthday. (ii) A wedding gift of gold worth ₹1,20,000 from her

Computation of Income from Other Sources for Ms. Neha for the A.Y. 2026-27 Particulars Amount (₹) Cash Gift from close family friend [Cash gift exceeds ₹50,000; fully taxable u/s 56(2)(x)] 80,000 Wedding gift from uncle [Gifts from relatives or on the occasion of marriage are exempt] Nil Received a Car Gifted from her father [Gifts from relatives are exempt] Further Car is not covered in the definition of property for the purpose of gift Nil Winnings from TV Show [Taxable at flat 30% u/s 115BB Gross amount] 1,00,000 Gift of Land from friend [Stamp Duty Value/ FMV exceeds ₹50,000; fully taxable] 3,00,000 Rent from Plant & Machinery ₹20,000 x 10 months = ₹2,00,000 Less: Repairing Charges (Note 1) 77,000 1,23,000 Total Income from Other Sources 6,03,000 Working Note 1: Where the letting out of plant, machinery is not the primary business of the assessee, the income is chargeable under "Income from Other Sources" (provided it is not taxable under PGBP). Further Repairing charges of ₹77,000 is allowed expenses under section 57 from such income.