What are the diffrent sources of income tax?

Question

What are the diffrent sources of income tax?

Answer 1

1   Salary

2.  Business or Profession

3.  House Property - Rent etc

4.  Capital Gains

5.  speculative activities such as winning lotteries/horse races etc.

6. Other Income, sources not covered hereinabove such as interest income

Answer 2

There are basically two types of Tax

1.Direct Taxation-Income Tax etc,.

2.Indirect Taxation-Service Tax,Sales Tax etc,.

Answer 3

Your question is vague.

There are various sources of income which are subject to tax under income tax. In short, these could be:

1. Income from Salary

2. Income from a Business or Profession

3. Income from House Property

4. Income from Capital Gains

5. Income from speculative activities such as winning lotteries/horse races etc.

6. Other Income, sources not covered hereinabove such as interest income.