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Deductions Under Section 57 Explained by snehachandan91 is a document available to read on EtoBox.
I. Deductions available under Section 57 when computing income from other sources include: (1) remuneration or commission paid for realizing taxable dividend or interest income, (2) current repairs and insurance for property given out on hire, and (3) standard deduction of 1/3 family pension or Rs. 15,000. II. Amounts not deductible under Section 58 include: (1) personal expenses, (2) interest payable outside India without tax deduction, (3) wealth tax paid in India or abroad, and (4) expenditure related
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- snehachandan91
- Language
- EN