Which of the following income will be taxable as income from other sources?

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Question:Which of the following income will be taxable as income from other sources?

1.Purchase of house from husband for inadequate consideration

2. Purchase of painting from the registered dealer at invoice value less than fair market value

3.Cash gift from a non-resident friend on marriage anniversary

4. All of the above

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  1. Which of the following income will be taxable as income from other sources?
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