Types Of Income Chargeable To Tax

Income Chargeable To Tax

1. Gains or profits from a business for whatever period of time carried on.

2. Gains or profits from an employment.

3. Dividends, Interests or Discounts.

4. Rents, Royalties or Premiums.

5. Pensions, annuities or other periodical payments not falling under any of the foregoing paragraphs.

6. Gains or profits not falling under any of the foregoing paragraphs.

7. Special classes of income.