Income from other sources u/s.56 of the I.T.Act, 1961.

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..... received by an M.P. was not chargeable under the head 'salaries' but as income from other sources u/s.56 of the I.T.Act, 1961. The scope for allowance of expenses in the context of this assessment head, for the salary in question was further elucidated in the Board's Circular No.40/20/67-IT(AI), dated the 22nd August, 1969. 2. The ITAT(Delhi Bench-A) have since held in their order dated 23-12-6 .....

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