Dividend Income
Dividends from shares or mutual funds are taxable in the hands of the recipient at applicable rates; TDS may apply over specified thresholds.
Special Income
Common incomes with special treatment
Lottery Income
Winnings from lotteries, game shows, etc., are taxed at special rates; deductions and set‑offs are generally not allowed against such income.
Interest Income
Interest from bank deposits, securities or loans is usually taxed under Income from Other Sources, with TDS rules depending on the instrument.
FD Interest
Interest on bank fixed deposits accrues and is taxable; banks deduct TDS beyond limits. Declare accrued interest where applicable.
Savings Account Interest
Interest from savings accounts is taxable, with possible deduction under Section 80TTA or 80TTB for eligible taxpayers within limits.
Agricultural Income
Generally exempt when derived from agricultural land in India, subject to conditions; may be aggregated to determine rate on non‑agricultural income.
Foreign Income
Taxability depends on residential status; double taxation relief may be available under DTAA or FTC rules. Ensure requisite disclosures in the return.
ESOP Taxation
At exercise, the perquisite (FMV minus exercise price) is taxed as salary; on sale, capital gains tax applies on the difference between sale price and FMV at exercise.