Taxation Interview Question:

Tell me how is income tax calculated?

Submitted by: Administrator

Income of the person is categorized and calculated under the following five heads:
☛ Salaries
☛ Income from house property.
☛ Profits and gains of business or profession.
☛ Capital gains.
☛ Income from other sources.
Submitted by:

Salaries, Income from House Property, Profit And Gain of Business or Profession, Capital Gains, Income from other sources
Submitted by: Sanjib Sahoo