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of <h1>Clause 92 defines 'Income from other sources', valuation rules, exemptions, and cross-reference changes to section 66(32)</h1> Clause 92 creates a residuary head 'Income from other sources' listing illustrative taxable receipts (dividends, lottery/game winnings, gifts, insurance proceeds, compensation, certain business trust distributions, interest, hire income, etc.), sets valuation and payment-mode rules for immovable-property gifts, and carves out exemptions (relatives, marriage, inheritance, registered non-profits, specified transactions). Key differences between the Bill and the final Act are cross-reference changes (affecting definitions like 'assessable'), substitution of an enumerated payment-mode list with a statutory reference to section 66(32), minor drafting clarifications reducing ambiguity, and altered cross-references to section 355 and section 70(1) subclauses that may materially change exemption scope. Compliance focuses on documentation, valuation evidence and correct head classification.
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