CHAPTER IV — PART A — HEADS OF INCOME | INDEX OF SECTIONS Chapter IV of the Income-tax Act, 2025 — Computation of Total Income — is organized in six Parts (A through F) covering 83 sections (ss. 13-95). Part A (this folder) is the foundational part — establishing the five Heads of Income…
ITA 2025 regimeAct — chapter commentary1 min read
Chapter IV · Part A — Part A — Heads of Income
Chapter IV · Part A — Part A — Heads of Income
CHAPTER IV — PART A — HEADS OF INCOME | INDEX OF SECTIONS
Chapter IV of the Income-tax Act, 2025 — Computation of Total Income — is organized in six Parts (A through F) covering 83 sections (ss. 13-95). Part A (this folder) is the foundational part — establishing the five Heads of Income classifier (s. 13) and the disallowance of expenditure incurred for exempt income (s. 14). Parts B through F provide the head-specific computation rules (Salaries / House Property / PGBP / Capital Gains / Other Sources).
CHAPTER IV PART STRUCTURE OVERVIEW
INCOME-TAX ACT, 2025
INCOME-TAX ACT, 1961
Part
Coverage
A — Heads of Income (this folder)
Sections 13-14 — classifier + s. 14A equivalent (anti-double-benefit)
B — Salaries
Sections 15-19 — charge, salary definition, perquisites, profits in lieu, deductions
C — Income from House Property
Sections 20-25 — charge, annual value, deductions, arrears, co-owners, deemed-owner
D — Profits and Gains of Business or Profession
Sections 26-66 — charge, computation, depreciation, deductions, disallowances, presumptive (largest Part)
E — Capital Gains
Sections 67-91 — charge, computation, transfer rules, exemptions (s. 54-series), cost definitions
F — Income from Other Sources
Sections 92-95 — residuary head, deductions, non-deductibles, deemed receipts