Q309
If any sum of money, the aggregate value of which exceeds fifty thousand rupees, is received without consideration, by an individual or a Hindu undivided family, in any previous year from any person or persons on or after the 1st day of April, 2006 but before 1st of October 2009, the whole sum is taxable under the head:
A.
Income from Other Sources
AnswerB.
Income from Business and Profession
C.
Income from Capital Gain
D.
None of the above
Answer: Option A
Solution
Answer: Option A
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