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Types of income

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(Querist)
25 April 2014 what are the types of income?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
26 April 2014 there are several types of income. for income tax purposes, they have been classified into five heads:

- salary

- business & profession

- house property

- capital gains

- other incomes.
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