Section 14:
Heads of income.
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
income:—
A.—Salaries.
1
* * * * *
C.—Income from house property.
D.—Profits and gains of business or profession.
E.—Capital gains.
F.—Income from other sources.
Notes:
1. The letter or words “B. —Interest on securities” omitted by Act 26 of 1988, s. 8 (w.e.f. 1-4-1989).