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Q. |
Under the Income-tax Act, 1961, 'notional profit' from speculative business is – |
A. | Taxable under the head 'income from profits and gains of business and profession |
B. | Taxable under the head 'income from other ' sources' |
C. | Taxable either as income from other sources or as income from profits and gains of business and profession |
D. | Not taxable. |
Answer» B. Taxable under the head 'income from other ' sources' |
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