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Commerce · Q42

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 42

Q42

Which of the following is not a head of Income as prescribed by the Income Tax Act?

A.
Income from Salary
B.
Income from House Property
C.
Income from Foreign Earnings
Answer
D.
Income from Business and Profession
E.
Income from Capital Gains

Answer: Option C

Solution

Answer: Option C
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