sec 14

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what was the B point us 14 heads of income
Replies (11)

Income from 'House Property' followed by Income from salaries is the point B. Is that what you're asking? 

when i open section 14 it shows
A) income from salary
B)....
C) income from house property
D) profit and gains from business and profession
E) capital gain
F) income from other sources

i want to know what was the B point

Where did you open? Because point B is income from house property. There are only 5 heads, so makes sense that there's a mistake.

first u please check this out mam https://taxworry.com/5-heads-income-income-tax-act-1961/

Heads of income.

14 Save as otherwise provided by this Act, all income shall, for the purposes of charge of income-tax and computation of total income, be classified under the following heads of income :—

A.—Salaries.

26[* * *]

C.—Income from house property.

D.—Profits and gains of business or profession.

E.—Capital gains.

F.—Income from other sources.

 

 "B.—Interest on securities, omitted by the Finance Act, 1988, w.e.f 1-4-1989.

thankyou very much sir mai bhut dino se dhund rha tha muje nhi mila

Kabhi kabhi aesi chijoko (not so important) thode samay ke liye chhod dena chaiye.....

Ya esi site ka fayda lena chaiye........... Good Luck......... & God Bless ...

thanks sir i m a ca student and tax is my fav subject so i keep trying to know every thing about income tax

Yes, that's very impressing...... in the days of coaching/learning only exam oriented lessons, ........  just few weeks before papers.....

It will definately help in field, but try to economise time with current amendments alongwith study material provided by institute.....

Best of Luck......  .....

sir i dont take coachings i study myself and sir i only use study material provided by institute nothing else

That actually helps in practise....... For any additional knowledge, you may read some articles from well established sites/ written by experts on current affairs/amendments...... and try to solve maximum problems...... that will boost your confidence........

Once again best of luck for your profession.......


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