Section 26 of the Income-tax Act, 2025 applies to which of the following heads of income?
Income from business or profession is covered by section 26. It is distinct from the heads for house property, capital gains and other sources.
Choose your answer
Section 26 of the Income-tax Act, 2025 applies to which of the following heads of income?
Answer and explanation
Correct answer B
Income from business or profession is covered by section 26. It is distinct from the heads for house property, capital gains and other sources.
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Maharashtra and Goa SET (MH SET)