Income-tax Act, 1961

Section - 5 - Scope of total income

Scope of total income.

5. (1) Subject to the provisions of this Act, the total income of any previous year of a person who is a resident includes all income from whatever source derived which-

(a)	-	is received or is deemed to be received in India in such year by or on behalf of such person ; or
(b)	-	accrues or arises or is deemed to accrue or arise to him in India during such year ; or
(c)	-	accrues or arises to him outside India during such year :
	-	Provided that, in the case of a person not ordinarily resident in India within the meaning of sub-section (6) of section 6, the income which accrues or arises to him outside India shall not be so included unless it is derived from a business controlled in or a profession set up in India.

(2) Subject to the provisions of this Act, the total income of any previous year of a person w .... To read the full section download the app from Google Play store