Under the Income-tax Act, 1961, interest on capital received by a partner from a partnership firmis chargeable under the head

Question

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Income from other sources

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Profits and gains of business or profession

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Capital gains

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None of the above

1.	Under the Income-tax Act, 1961, interest on capital received by a partner from a partnership firmis chargeable under the head
A.	Profits and gains of business or profession
B.	Income from other sources
C.	Capital gains
D.	None of the above
Answer» B. Income from other sources

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