For the purpose of assessment under Income Tax Act 1961 which combination of the following represent...........

Miscellaneous Others

For the purpose of assessment under Income Tax Act, 1961, which combination of the following represent income ? (2 marks)

(I) Tax-free salary from the private sector employer.

(II) Pin money received by a family member.

(III) Awards received by the sports persons.

(IV) Loss incurred by the assessee.

(V) Perquisites received by employees.

Codes :

(I), (II), (III), (IV)

(II), (III), (IV), (V)

(I), (III), (IV), (V)

(I), (II), (IV), (V)

(I), (II), (IV), (V)

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