IT Act 1961 14 — Heads of income

Income-tax Act, 1961

Statutory text

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. C.—Income from house property. D.—Profits and gains of business or profession. E.—Capital gains. F.—Income from other sources.

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