Add Income from Other Sources
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Created by: Team Quicko
Modified on: Thu, 19 May, 2022 at 11:37 AM
Income from Other Sources is the residual head of income. Any income which is not specifically taxed under any other head of income will be taxed under this head.
Income from other sources include
Interest Income
Exempt Income
Dividend Income
Any other Income
To add Income from Other Sources
In the Filing tab, navigate to INCOMES > OTHER SOURCES from the side nav
Click on Interest to add the following incomes
Interest from Savings Account
Interest from Fixed Deposit
Interest from IT Refund
Any other Interest
Click on SAVE
Click on Exempt Income to add the following Incomes
PPF Interest Income
Any other Exempt Income
Gift Income
Click on SAVE
Click on Dividend to add a quarterly breakdown of dividend income received from a domestic company
Click on SAVE
Click on Any other to add the following Incomes
Family Pension Income
Dividend from Foreign Company
Income from Any Other Sources
After adding all the income details, you will see Gross Income and Taxable income on the Summary Screen. You can add or edit the details you want on this screen.
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