Section 14: Heads of income

The Income-tax Act, 1961Central Act · Act 43 of 1961

Repealed. This text is published for reference. It is not in force, and it should not be relied on as current law without checking what replaced it. Repealed by the Income-tax Act, 2025, with effect from 1 April 2026

CHAPTER IV

COMPUTATION OF TOTAL INCOME

Heads of income

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.

B.—[***]

C.—Income from house property.

D.—Profits and gains of business or profession.

E.—Capital gains.

F.—Income from other sources.

Where this provision sits

Act	The Income-tax Act, 1961
Section	14
Marginal note	Heads of income
Jurisdiction	Central
Status	Repealed
Judgments citing it	1

Judgments that turned on this provision

WP/3551/2019 of ORACLE FINANCIAL SERVICES SOFTWARE LTD. Vs DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 13(1)(1) AND 3 ORS.Bombay High Court · 2022-01-10

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

Search 49,000+ Central and State enactments by what a provision says, not by its number
Jump from any section to every judgment that has applied it
Search 300 million+ Indian court records alongside the statute
Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The Income-tax Act, 1961 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.