Skip to content

CS Executive · Tax Laws and Practice · Income from Other Sources

Under the Income-tax Act, 2025 (applicable from the June 2027 session), the heads of income listed for charge and computation of total income end with which head?

Income from other sources is the last of the five heads of income under section 13 of the Income-tax Act, 2025. It follows Salaries, Income from house property, Business or profession, and Capital gains, so those other options are not last.

  1. AIncome from other sourcesCorrect
  2. BCapital gains
  3. CProfits and gains of business or profession
  4. DIncome from house property

Explanation

Section 13 lists five heads in order: Salaries; Income from house property; Profits and gains of business or profession; Capital gains; and Income from other sources. The last head is Income from other sources. Capital gains is the fourth head, so it is not the last one.

Did you get it right without looking?

One question tells you little. A timed set on Income from Other Sources shows your real accuracy, how long you take and where you lose marks.

Practise Income from Other SourcesFree diagnostic mock

More Income from Other Sources questions