What is Casual Income? What are the tax implications for the same?

July 11, 2023 ⚊ 1 Min read ⚊ Views 47 ⚊ BLOG

Casual income is non-recurring in nature. Here is all you need to know about casual income and its tax implications. Casual income, as the name suggests, is non-recurring in nature. It’s an income which is earned by chance and not likely to occur again in a year. This earning is neither anticipated nor provided for in any agreement. Read on…

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