Hi Can I know, How many heads are there under total income? Name them.
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Income from Salaries
Income from house property
Profits and gains of business or profession
Capital gains
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Income from Salaries
Income from house property
Profits and gains of business or profession
Capital gains
Income from other sources.
> Heads of total income under the Income tax act, 1961
--There are five heads of income under the income tax act 1961,
--Income from Salaries
--Income from house property
--Profits and gains of business or profession
--Capital gains
--Income from other sources.
Dear Friend,
as far as your query is concerned that How many heads are there under total income? Name them.
Let me informed that There are five heads under total income. They are:
Income from Salaries
Income from house property
Profits and gains of business or profession
Capital gains
Income from other sources.
Hope answer was helpful to you
Regards,
Arjun Pratap Singh