Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Income-tax and Corporate Tax Planning Income-tax
Expenses that are not deductible under Section 58 of the Indian Income Tax Act for computing the income chargeable under the head “Income From Other Sources":
A. Personal expenses
B. Interest payable outside India on which tax has not been paid or deducted at source
C. Wealth tax
D. Commission for realizing dividend income or interest on securities
E. Expenses which are not of capital nature like repairs, depreciation on plant and insurance premium
Choose the correct answer from the options given below:
1
A, B and D only
2
A, B and C only
3
A, B, D and E only
4
A, B, C, D and E