Vidyalelo
Commerce · Q802

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 802

Q802

Under the Income-tax Act, 1961, dividend derived from the shares held as stock-in-trade are taxable under head:

A.
Income from other sources
Answer
B.
Income from profits and gains of business or profession
C.
Capital gains
D.
Either capital gains or income from profits and gains of business or profession

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board