ow iective TYPE Questions: po0se Correct Option of the followi Income from other services- ~ 1. (a) Bank interest (0) Director fees (b) Royalty p, Income from lottery is- (d) All of above (a) Casual income a Fn meone ri ee sources income 3. pividend from Indians company is- Leone (a) ae from other sources (b) Income from business () ao (d) Exempted income 4, Interest from tax free Govt. securities is made- (a) Gross-up (b) Net up (c) Not included (d) Included as it is ' Included under the head income from other sources- (a) Examiners remuneration (b) Lecture fees (c) Horse Race income (d) All of above 6, Following is not income from other sources- (a) Sub-let out house Income (b) Interest on Debentures -purchase of shares (d) Income from land let out. from other sources — (b) Casual income (c) Income from sale- 7, Types of Income (a) Salary of MP. (c) Income from un 8, Income from letting out of trade mark is- (a) Trade income (b) Income from other sources (c) Capital receipt (d) None 9. Income of Dhoni for p! match is taxable under thi (a) Professional income (b) Income from salary (d) None disclosed sources (d) All Jaying Test e head - (c) Income from other sources 10. Amol receives = 52,500 from lottery taxable amount is - (a) 60,000 (b) & 1,00,000 (c) = 75,000 (a) 1,10,000 Ans: (Iya (2)d @)4 HE ga ec a OF (9) (10) ocanned witn Vamscar