https://www.taxtmi.com/acts?id=10834 Computation of gross residuary income captures receipts and accruals not covered by special sources or primary heads, including dividends (subject to specified exceptions), interest (excluding permitted financial institutions), insurance proceeds, receipts from employees' welfare funds if not business income, and income from letting movable assets when not business income. It also includes gratuitous receipts and specified property received without consideration (with enumerated exceptions), unexplained credits, unexplained investments, unexplained assets and expenditure where the assessee fails to satisfactorily explain sources, and certain cash-based receipts, withdrawals and repayments not made by account-payee instruments as governed by prescribed thresholds and conditions. en-us Thu, 20 Aug 2009 12:19:04 +0530 Thu, 20 Aug 2009 12:19:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10834 Computation of gross residuary income captures receipts and accruals not covered by special sources or primary heads, including dividends (subject to specified exceptions), interest (excluding permitted financial institutions), insurance proceeds, receipts from employees' welfare funds if not business income, and income from letting movable assets when not business income. It also includes gratuitous receipts and specified property received without consideration (with enumerated exceptions), unexplained credits, unexplained investments, unexplained assets and expenditure where the assessee fails to satisfactorily explain sources, and certain cash-based receipts, withdrawals and repayments not made by account-payee instruments as governed by prescribed thresholds and conditions. Act-Rules Bills Thu, 20 Aug 2009 12:19:04 +0530 https://www.taxtmi.com/acts?id=10834