1. Agricultural Income from outside India
2. Receipt from Person other than employer
3. Income from sub-letting or rent of vacant land.
4. Director’s fee/sitting fee.
5. Remuneration of delivering lectures or writing articles
6. Withdrawal from NSS u/s 80CCA –Principal amount + interest
7. Repurchase of units u/s 80CCB—principal amount.
8. Casual incomes other than those taxable u/s56(2)
9. All types of interest except taxable u/s 56(2). |
- Dividend from companies, and foreign co-operative society.
- Interest on Securities.
- Winning from lotteries, races, puzzles, game shows, card games, gambling, and betting.
- Income from letting of Plant and Machinery where it is not regular business.
- Income from letting of Building, along with Furniture and Plant and Machinery and rent is inseparable.
- Any amount deducted by employer out of employee’s salary as their contribution towards Provident Fund or ESI fund.
- Any amount of gift or gifts received during 2008-09 which is not exempted u/s56(v).
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No deduction of any expenditure of casual incomes, races, puzzles etc.
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Bank commission, collection charges.
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Interest on loan taken to acquire an asset whose income is taxable under this head.
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Depreciation and expenses on repairs, fire insurance premium, local taxes etc. relating to letout period.
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Amount paid by employer to provident fund or ESI authorities by appropriate date.
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Any other expenditure which is not a personal or a capital expenditure and is incurred to earn an income taxable under this head.
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1. Interest on certain notified securities.
2. Rate of TDS for Individual, HUF, AOP [No surcharge]
3. Interest on Security issued by statutory bodies or local authority–10.5%
4. Listed Debentures–10.5%
5. Unlisted Debentures–21%
6. Bank Interest –10.5%
7. Casual Incomes – 31.5%
Card Games and T.V. game shows –31.5% |
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Interest on Govt. Securities.
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In case of winning from betting.
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Deemed dividend u/s 2(22)©
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Interest on any security notified u/s 193
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Interest paid to an individual in a/c payee cheque for an amount not exceeding Rs.2,500 by certain companies.
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Dividend paid by an Indian Company if it does not exceed Rs. 2,500.
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Bank Interest credited or paid upto Rs.5,000.
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Race winning if it upto Rs.2,500.
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Winning from lotteries and puzzle amount if upto Rs. 5,000
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In case of card games and games of other soft if uptp Rs.5,000
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