Examples of other receipts chargeable as income from other sources
Here are some examples of other receipts that automatically fall under income from other sources.
- Income from subletting of a house property by a tenant
- Casual income
- Insurance commissions received by the assessee
- Family pension payments received by the legal heirs of dead employees
- Interest on bank deposits and deposits with companies
- Interest on loans given
- Remuneration received by Members of Parliament
- Rent earned from a vacant plot of land
- Agricultural income from agricultural land situated outside India
- Interest paid by the Government on excess payment of advance tax
|