can anyone give me an insight to this. question is.. * Enumerate the deductions that are allowed from the gross total income of an assessee in computing his total income.
hey... so i came up with this... can you please help me if whether i am on a right track.. ... As per sec14, following are the 5 heads... .Salary .Income from house property .Profits and gains of business or profession .Capital gains .Income from other sources.
so, to enumerate.. if these are correct, does it mean that i should define and explain these heads or...?