Heads of income

CHAPTER IV

COMPUTATION OF TOTAL INCOME

A.—Heads of income

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

1. (a) Salaries;
   • (b) Income from house property;
   • (c) Profits and gains of business or profession;
   • (d) Capital gains; and
   • (e) Income from other sources.