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Which of the following is included in 'income' as defined in the Income-tax Act, 2025?

The Income-tax Act, 2025 defines 'income' inclusively (formerly section 2(24) of the Income-tax Act, 1961): it includes "Profits and gains", "Dividend", and "Voluntary…

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Which of the following is included in 'income' as defined in the Income-tax Act, 2025?

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Correct answer D

The Income-tax Act, 2025 defines 'income' inclusively (formerly section 2(24) of the Income-tax Act, 1961): it includes "Profits and gains", "Dividend", and "Voluntary contribution received by a Trust for charitable Purpose". Hence "All of the given options are correct" is correct, although inclusion in the definition does not rule out a separate exemption.

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