CHAPTER IV - Computation of total income Archives - Page 13 of 13

Career Contact

February 27, 2018

Published by Law@HostBooks at February 27, 2018

Categories

Section – 22 : Income from house property

22. The annual value of property consisting of any buildings or lands appurtenant thereto of which the assessee is the owner, other than such portions of such property as he […]

February 27, 2018

Published by Law@HostBooks at February 27, 2018

Categories

Section – 18 : [Omitted by the Finance Act, 1988, w.e.f. 1-4-1989]

B.—Interest on Securities 18 to 21. [Omitted by the Finance Act, 1988, w.e.f. 1-4-1989.]

February 27, 2018

Published by Law@HostBooks at February 27, 2018

Categories

Section – 17 : “Salary”, “perquisite” and “profits in lieu of salary” defined

17. For the purposes of sections 15 and 16 and of this section,— (1) “salary” includes— (i) wages; (ii) any annuity or pension; (iii) any gratuity; (iv) any fees, commissions, […]

February 27, 2018

Published by Law@HostBooks at February 27, 2018

Categories

Section – 16 : Deductions from salaries

16. The income chargeable under the head “Salaries” shall be computed after making the following deductions, namely:— (i) [***] (ii) a deduction in respect of any allowance in the nature […]

February 27, 2018

Published by Law@HostBooks at February 27, 2018

Categories

Section – 15 : Salaries

15. The following income shall be chargeable to income-tax under the head “Salaries”— (a) any salary due from an employer or a former employer to an assessee in the previous […]

February 27, 2018

Published by Law@HostBooks at February 27, 2018

Categories

Section – 14A : Expenditure incurred in relation to income not includible in total income

14A. (1) For the purposes of computing the total income under this Chapter, no deduction shall be allowed in respect of expenditure incurred by the assessee in relation to income […]

February 27, 2018

Published by Law@HostBooks at February 27, 2018

Categories

Section – 14 : 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 […]