Sources of Income

Feb. 9, 2021, 12:23 p.m.


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Different Sources of Income for which you need to pay tax are :


(1)Income from Salary : All the money received from your employer while rendering your job comes under the head income from salary.


(2)Income from House Property : Rent income from house or building.


(3)Income from Capital Gain : Gain or loss arising out of selling a capital asset.


(4)Income from Business/Profession : Income or loss arising as a result of carrying Business.


(5)Income from Other Sources : Interest on Savings A/c,Fixed Deposits,Gifts received

Different Sources of Income for which you need to pay tax are :


(1)Income from Salary : All the money received from your employer while rendering your job comes under the head income from salary.


(2)Income from House Property : Rent income from house or building.


(3)Income from Capital Gain : Gain or loss arising out of selling a capital asset.


(4)Income from Business/Profession : Income or loss arising as a result of carrying Business.


(5)Income from Other Sources : Interest on Savings A/c,Fixed Deposits,Gifts received



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