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Deductions. 57. The income chargeable under the head 'Income from other sources' shall be computed after making the following deductions, namely :—
1 thg 9, 2025 · Section 57 lets taxpayers subtract the costs they incurred to earn money that doesn’t fit into salary, business, house property, or capital gains—like interest, dividends, …
19 thg 3, 2025 · Section 57 of the Income Tax Act, 1961, specifically deals with the allowable deductions under the income head. This article explains all the clauses of section 57 in detail.
13 thg 8, 2025 · Section 57 of Income Tax Act, key allowable deductions under income from other sources, and how to optimize your tax filing in India.
21 thg 4, 2021 · The taxable income under the head 'Income from Other Sources' shall be computed after allowing deductions as provided in Section 57 of the Income Tax Act. …
21 thg 4, 2025 · Let’s gain insight into various deductions allowed to taxpayers under Section 57 while computing any income chargeable under the heading ‘Income from other sources’.
11 thg 12, 2024 · Under the Income Tax Act, 1961, Section 57 outlines the deductions allowed from income taxable under the head ‘Income from Other Sources.’. This section ensures …
23 thg 7, 2024 · The Income Tax Act's Section 57 allows deductions for costs incurred in generating income other than salaries. Taxpayers can deduct interest paid on loans used for …
Understand Section 57 of the Income Tax Act and how it helps claim deductions from income under the head “Income from Other Sources.” Learn about expenses allowed, royalty income, …
Since dividends referred to in section 115-O (i.e. dividends covered under section 2 (22) (a), (b), (c) and (d) are exempt in the hands of the shareholders, no deduction of any expense referred …
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