Section - 14, Heads of income (IT Act, 1961)

Section - 14, Heads of income (IT Act, 1961)

Income Tax

Heads of income.

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.