Section 14-Heads of income

Heads of income Incomes of income-tax shall  be classified under the following heads of income :— A. Salaries. B. Interest on securities omitted Finance Act, 1988, w.e.f. 1-4-1989. C. Income from house property. D. Profits and gains of business or profession. E. Capital gains. F. Income from other sources.


HUF Creation Deed

[To be executed on Rs. 100 Stamp Paper in UP] HUF Creation Deed DECLARATION OF GIFT MADE BY _____ _____ ____ ____TO THE HINDU UNDIVIDED FAMILY OF ____ _____ ____ ___ ___ I, ____ ____ ______, residing at___ __ ___ __ __ __ ____ ___, do hereby declare and affirm as under: That out of…