Match List I (income) with List II (head of income under the Income-tax Act, 2025): List I (a) Annual…

The correct code is "(a)-(iii), (b)-(iv), (c)-(ii), (d)-(i)". The annual value of a building owned by the assessee is charged under house property by section 20(1); profit on the sale of an import licence is business income under section 26(2)(e); lottery and crossword winnings fall under other sources by section 92(2)(b). Insurance money for a capital asset destroyed by flood is charged as capital gains under section 67(2) and (3), even though no sale takes place.