Computation of taxable Income from Salary – Income Tax

Computation of taxable Income from Salary Computation of taxable income are categories under various heads:-  As per section 14, all income has been classified under the following 5 heads 1.     Income from Salary (Section) [5 to 17] 2.      Income from house property[section 22 to 27] 3.      Profits and gains of business and profession [section … Read more