Taxation of Income From Other Sources (Soft Copy) is a Practice book on Income Tax on Conferenza, priced at ₹370 (20% off MRP ₹460). Published by Commercial Law Publishers. Order online with fast delivery across India.
- Price
- ₹370 · 20% off
- Course
- Practice
- Subject
- Income Tax
Taxation of Income From Other Sources (Soft Copy)
Commercial Law Publishers
Book Specifications
- Course
- Practice
- Subject
- Income Tax
- Publisher
- Commercial Law Publishers
About this book
A practical guide to Income from Other Sources, the residual head under the Income Tax Act, 1961. This is the 5th edition, updated as amended by the Finance Act, 2022, covering statutory provisions, judicial interpretation and compliance.
At a glance
| Edition | 5th edition |
| Author | Ram Dutt Sharma |
| Amended by | Finance Act, 2022 |
| Format | Soft copy |
What's inside
- Scope and applicability of the head, and incomes specifically chargeable under Section 56(2)
- Tax treatment of dividends and winnings from lotteries, puzzles, races and games
- Gifts and sums of money or property received without consideration or for inadequate consideration
- Interest income, rental income not taxed under House Property, and other miscellaneous receipts
- Share premium taxation under Section 56(2)(viib), deduction of expenses, and clubbing and aggregation rules
- CBDT circulars and notifications, judicial rulings, and practical computation examples
Who should buy this
- Chartered accountants and tax practitioners handling this head in practice
- Corporates and taxpayers dealing with gifts, share premium or miscellaneous receipts
Publisher's description
This 5th edition of Taxation of Income from Other Sources under Income Tax Law, authored by Ram Dutt Sharma, provides a detailed and practical guide to one of the most diverse heads of income under the Income Tax Act, 1961. Updated as amended by the Finance Act, 2022, it offers a comprehensive explanation of the statutory provisions, judicial interpretations, and compliance requirements applicable to income that does not fall under any other specific head.
The book covers the entire scope of “Income from Other Sources” under Section 56 and related provisions, explaining its applicability through structured analysis, examples, and relevant CBDT clarifications. It addresses common as well as complex situations encountered in practice, making it an indispensable resource for professionals, corporates, and taxpayers.
The content covers:
• Scope and applicability of the head “Income from Other Sources”
• Incomes specifically chargeable under Section 56(2)
• Tax treatment of dividends, winnings from lotteries, puzzles, races, and games
• Gifts and sums of money/property received without consideration or for inadequate consideration
• Interest income, rental income not taxed under “House Property,” and other miscellaneous receipts
• Share premium taxation provisions under Section 56(2)(viib)
• Deduction of expenses from income under this head
• Provisions for clubbing and aggregation of such income
• Interaction with other heads of income and set-off rules
• Relevant CBDT circulars, notifications, and judicial rulings
• Practical computation examples for various scenarios
This edition is particularly suitable for:
• Chartered accountants, tax consultants, and advocates advising on income tax matters
• Corporate finance teams dealing with diversified income streams
• Law and commerce students studying Indian direct tax law
• Individual taxpayers seeking clarity on the taxability of miscellaneous income
Whether used for compliance, advisory, or academic purposes, this updated edition serves as an authoritative, practical, and easy-to-use reference on the taxation of income from other sources under the Income Tax Act, 1961.
Frequently asked questions
What is Taxation of Income From Other Sources (Soft Copy)?+
A practical guide to Income from Other Sources, the residual head under the Income Tax Act, 1961. This is the 5th edition, updated as amended by the Finance Act, 2022, covering statutory provisions, judicial interpretation and compliance. At a glance Edition 5th edition Author Ra
How much does Taxation of Income From Other Sources (Soft Copy) cost?+
Taxation of Income From Other Sources (Soft Copy) is available for ₹370 (MRP ₹460) on Conferenza, with fast delivery.
Which exam is Taxation of Income From Other Sources (Soft Copy) for?+
Practice — Income Tax.
Is Taxation of Income From Other Sources (Soft Copy) good for self-study of Income Tax?+
Taxation of Income From Other Sources (Soft Copy) is a Income Tax book for Practice, suitable for self-study and revision. Pair it with practice and past papers for complete exam preparation.
Which is the best book for Income Tax?+
There's no single "best" book for Income Tax — the right choice depends on the syllabus coverage you need, the author's approach, the edition and your budget. Taxation of Income From Other Sources (Soft Copy) is one Practice option; compare it with other Income Tax books on Conferenza by edition, coverage and price to pick what suits your preparation.
Is Taxation of Income From Other Sources (Soft Copy) available as a free PDF download?+
Taxation of Income From Other Sources (Soft Copy) is a paid book on Conferenza, delivered fast across India. For free PDFs — study material, RTPs, MTPs and suggested answers — visit https://conferenza.in/downloads.