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of <h1>Deductions and caps for Income from Other Sources: commissions, business expenses, pension limits, 50% cap, specific exemptions</h1> Income under 'Income from other sources' is computed after specified deductions: reasonable commission for realising dividends or interest; prescribed deductions for certain classified income; allowable business-like expenses wholly and exclusively for earning the income; family pension limited to one-third of the amount or a fixed rupee cap depending on computation method; a 50% deduction cap for a particular income category with no other deductions allowed; full exemption for specified pension commutation and for gratuity received on death. Dividend income of a specified type allows no deductions; other dividend or certain mutual fund/unit income permits only interest expense up to 20% of that income.
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