1.

Under How Many Heads The Income Of A Taxpayer Is Classified?​

Answer»

S​ection 14​ of the INCOME-tax ACT has classified the income of a taxpayer under five different heads of income, VIZ.:-

  • Salaries
  • Income from house property
  • PROFITS and gains of business or PROFESSION
  • Capital gains
  • Income from other sources​.

S​ection 14​ of the Income-tax Act has classified the income of a taxpayer under five different heads of income, viz.:-



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