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.
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Deduction.
Replies (6)
Please refer chapter VIA of the IT Act
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...?
...
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...?
Yes. The above said list Exactly correct order....
Than Raja P M......
i mean Thank You Raja P M
You are most welcome dear...
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