Which of the following income is always taxable under the head Income from other sources
A. Dividend income of ₹ 8,00,000 in aggregate received by Mr. X from Domestic companies
B. Gift of 80,000 received by Mr. X from friends on his birthday.
C. Interest on compensation due from authority.
D. Advance money received on 4.8.2008 in the course of negotiations for transfer of capital asset
Answer:B
Which of the following income is always taxable under the head Income from other sources
A. Dividend income of ₹ 8,00,000 in aggregate received by Mr. X from Domestic companies B. Gift of 80,000 received by Mr. X from friends on his birthday. C. Interest on compensation due from authority. D. Advance money received on 4.8.2008 in the course of negotiations for transfer of capital asset