In the hands of Mr. Sarath, a salaried employee, the following income shall be chargeable to tax as income under the head "Income from other sources": (i) Dividend (ii) Income from hiring of machinery (iii) Winning from

CS Executive · Tax Laws and Practice · PYQS · June 2018
In the hands of Mr. Sarath, a salaried employee, the following income shall be chargeable to tax as income under the head "Income from other sources": (i) Dividend (ii) Income from hiring of machinery (iii) Winning from Lottery (iv) Interest on securities
(A) (i) and (iii)
(B) (iii) and (iv)
(C) All the four above
(D) (i), (iii) and (iv)

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax

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