How many heads are there under total income? Name them.

How many heads are there under total income? Name them.

pooja Trainee Asked on November 15, 2014 in Taxes.
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1 Answer(s)

According to the Section 14 of the Income Tax Act, there are 5 heads of income tax:-

Salaries

House Property

Profits and Gains of Business or Profession

Capital Gains

Other Sources

Total income comes under these 5 heads of income is then added to the tax return.

Neharani Trainee Answered on November 19, 2014.
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