CAF-2 · Chapter 7 · Question 1 of 15
Which of the following incomes is NOT chargeable to tax under the head "Income from Business"?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) C) Rent received from the sub-lease of land or a building.
Explanation
Rent from the sub-lease of land or a building is specifically chargeable to tax under the head "Income from Other Sources". The other options are expressly classified as Income from Business.
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