Income Tax Act 2023
Section 66 - Income from Other Sources
(as updated till Finance Act 2024)
The following income of an assessee shall be classified and computed under the head “Income from other sources”, namely:—
(a) royalties, license fees, fees for technical services and income earned by granting the right to use intangible property;
(b) cash subsidy provided by Government;
1[(c) any income derived from transfer of any asset (which is natural or created by any person himself) other than mineral deposits and hydrocarbons and goodwill;]
2[(d) any donation, grant or gift, called by whatever name;
(e) income from any source not classified under any other head specified in section 30.]
1 Clause (c) was substituted by section 28(a) of the Finance Act, 2024 (Act No. V of 2024) with effect from 1st July 2024.
2 Clauses (d) and (e) were added after clause (c) by section 28(b) of the Finance Act, 2024 (Act No. V of 2024) with effect from 1st July 2024.
Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.