Regrding Income From Other Source

Sumit Kumar (71 Points)

28 February 2018

I Receive Mis income can I show Misc. income or not if no please suggested separate income

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3 Replies

pankaj (a) (1262 Points)
Replied 28 February 2018

yes u can show

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 28 February 2018

Yes... You can.
But, What is the exact Income?

Income Tax Wala: (Fin. Expert) (Chartered Accountants) (2015 Points)
Replied 28 February 2018

Originally posted by : Sumit Kumar
	I Receive Mis income can I show Misc. income or not if no please suggested separate income

See, MIS (Montly Income Scheme) is a kind of scheme where you get your interest portion of investment on monthly basis.

So , you can show it Under Interest income in your ITR.

Interest income is falls under income from other source.

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