Under the Income-tax Act, 2025, which of the following incomes are generally chargeable under the head…

Under section 92(1) of the Income-tax Act, 2025 (formerly s.56 of the Income-tax Act, 1961), 'Income from other sources' is the residuary head: it covers income of every kind that is not excluded from total income and is not chargeable under 'Salaries', 'Income from house property', 'Profits and gains of business or profession' or 'Capital gains' (section 13(a) to (d)). Income from subletting by a tenant, who is not the owner of the property (1), a director's fee (2), ground rent (3), income from agricultural land outside India, which is not 'agricultural income' under section 2(5) because that definition covers only land situated in India (4), and insurance commission (5) are therefore generally taxed under this head, unless they arise from a business or an employment.

Income from the sale of securities (6) is taxed under 'Capital gains' (section 67), or as business income where the securities are held as stock-in-trade, so every option containing 6 is wrong. The answer is 1, 2, 3, 4 and 5 only.