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Under which section of the Income Tax Act does the computation of income under the head "Salaries" deal with?
  • a)
    Section 35
  • b)
    Section 16
  • c)
    Section 10
  • d)
    Section 25
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Under which section of the Income Tax Act does the computation of inco...
The computation of income under the head "Salaries" is covered under Section 16 of the Income Tax Act. This section provides various deductions and exemptions related to salary income, allowing taxpayers to reduce their tax liability.
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Under which section of the Income Tax Act does the computation of income under the head "Salaries" deal with?a)Section 35b)Section 16c)Section 10d)Section 25Correct answer is option 'B'. Can you explain this answer?
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