Thursday, June 3, 2021

Section - 14, Income-tax Act, 1961-2021

 CHAPTER IV

COMPUTATION OF TOTAL INCOME

Heads of income

Heads of income.

14. Save as otherwise provided by this Act, all income shall, for the purposes of charge of income-tax and computation of total income, be classified under the following heads of income :—

A.—Salaries.

B.—[***]

C.—Income from house property.

D.—Profits and gains of business or profession.

E.—Capital gains.

F.—Income from other sources.

No comments:

Post a Comment

HAPPY TO HELP YOU ANY TIME ANYWHERE AND IF YOU WANT TO LEARN ANYTHING FROM US YOU CAN REACH US AT SONIKA987@GMAIL.COM

जीएसटी का विकिपीडिया! Wikipedia of GST

1. Input Tax ( इनपुट टैक्स )    -   Input tax is the GST you pay on purchases or services required for your business. For example, when...