1. Income for salaries include wages, annuity, pension, gratuity, fees, commission, profits, leave encashment, annual accretion and transferred balance in recognised PF and contribution to employees pension account.

2. Rental Income from properties owned by a person other than those which are occupied by him are charged as income from house property. If property is vacant then a notional income is included under this head.

3. Income from business or profession includes profit/loss from a business entity or a profession, any interest, salary or bonus to a partner of a firm.

4. Income from capital gains includes long term capital gains and short term capital gains on sale of any capital assets.

5. Income from other sources includes interest on bank deposits and securities, dividend, royalty income, winning on lotteries and races and gifts received among others.