Understand the Heads of Income under the Income Tax Act, 1961 under which you are assessable in any financial year
Heads of Income for Accurate Tax Filing in India No. Head of Income Brief Description 1 Income from Salaries financial year 1961 Income earned from your employment. 2 Income from House Property Income earned from renting out properties. 3 Income from Profits and Gains of Business or Profession Income generated from carrying on business or […]