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    Question

    Which of the following is not a taxable income under the

    head “Income from Other Sources”?
    A Winning from lottery Correct Answer Incorrect Answer
    B Dividend from Indian company Correct Answer Incorrect Answer
    C Interest on savings account Correct Answer Incorrect Answer
    D Agricultural income in India Correct Answer Incorrect Answer

    Solution

    Agricultural income in India is exempt under Section 10(1) of the Income Tax Act.

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