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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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