Question

Match List-I with List-II: 

 

• (A) (II), (B) (1), (C) (III), (D) (IV)
• (A) (II), (B) (III), (C) (1), (D) (IV)
• (A) (II), (B) (1), (C) (IV), (D) (III)
• (A) (IV), (B) (III), (C) (1), (D) (II)

Hint:

Capital gains, salary, business income, and other sources are the main taxable heads under Income Tax. Always categorize income carefully.

Answer 1

The Correct Option is C

Step 1: Determine the appropriate income head for each income source.
- Jewelry Sale → Capital gain/loss
- Former Employer Pension → Income from Salary
- Partnership Firm Salary → Profits and gains from business or profession
- Sub-letting Income → Income from other sources
Step 2: Verify the correct matches.
Correct matching: (A)-(II), (B)-(I), (C)-(IV), (D)-(III)