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

Here's your document checklist and a complete guide on Income from Other Sources & Taxes

To add Income from Other Sources

  • In the Filing tab, navigate to INCOMES > OTHER SOURCES from the side nav
  • Click on Interest to add
    • 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 
  • Click on SAVE

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.