11 July 2016
ITR-2 : Ay 2016-17 ============== Income from other sources: such as follows: ================================ Rental Income from Machinery Plant and Building Dividends, Gross Interest, Gross Investment Income u/s 115 E (a) ====================================
Detail of Exempt Income: such as follows: =============================== Interest Income Dividend Income
In ITR-2 Ay 2016-17 " Income from other sources " & " Exempted Income " both have been mentioned Interest Income and Dividend Income and as such I would like to know as under what head I should put the value of interest income and dividend income ?
Or should I understand like this that , " Interest Income and Dividend Income under the head of Income from other sources" is different from " Interest Income and Dividend Income under the head of exempted income " . Though both are common while narrating but the sections as under which these receipts are considered might be different to one another.
CAclubindia
