Classification of Income for Tax Purpose

Posted by Unknown On Tuesday, June 11, 2013 0 comments

What is the Classification for income for income tax?
Ans:
          Income are two types which are given below:

  • 1.     Non-assessable (করযোগ্য নয়): Special exception of untaxed income. (Sec-19A, 19B)

  • 2.     Assessable (করযোগ্য):

A.    Tax Exempted:
1.     Tax free.
2.     Investment allowed.
B.     Tax exempted under specific head.

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