Basic Concepts of Income and Important Definitions | Heads of Income | {CH-1}

Hi everyone,
I am Shruti Sharma
Welcome to my channel - COMMTUTS
This is the Tutorial -1 of Income Tax CHAPTER - 1.
In this tutorial, you will understand -
* What is Income in general sense ?
* Meaning of Income as per Income Tax Act, 1961
* Concept of Income
* Sources of Income
* Main Heads of Income
* Gross Total Income
* Total Income
* Agricultural Income
* Casual Income
Do watch complete tutorial for better understanding.
If you find this tutorial helpful, then please do share your valuable feedback in the comment section as your feedback really matters a lot.
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Thank You.
Keep Learning with COMMTUTS.
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Пікірлер: 214

  • @commtuts
    @commtuts Жыл бұрын

    www.commtuts.com/post/basic-concepts-of-income-in-income-tax Here are the notes of this tutorial .. Must check it out .. And notes apke liye helpful honge to please comment section me apne views zarur share karna .. or sath hi sath apne friends or classmates ko ye share karna bilkul bhi mat bhulna 😅 bcz sharing is caring 🎉 Thanks a ton to all my Student’s 🫶🏻

  • @subho9225
    @subho92254 ай бұрын

    Im a law student and first time studying tax, and you made it really easy

  • @commtuts

    @commtuts

    3 ай бұрын

    Thank You so much 🫶🏻

  • @manishmalik4405
    @manishmalik4405 Жыл бұрын

    Respected mam no words i have to explain that how clearly indeed you made us clear this topic from the Ground to the top. Amazing

  • @commtuts

    @commtuts

    Жыл бұрын

    Thank You.. This means alot ✨ Keep Watching ✨

  • @commtuts
    @commtuts3 ай бұрын

    Sem. - V all tutorials - kzread.info/head/PLtH4TWR-sztUR1EsL41dldxWv2gg_vCC9&si=r5lLkv4muLHn8pL7 Sem. - VI all tutorials - kzread.info/head/PLtH4TWR-sztVpZop0cb5fdg_vql872gky&si=t0fP5aDTN_6t_vQE Do share this with your classmates too. And if all these tutorials are helpful for you, then please do subscribe my channel, hit the like button and share your valuable feedback in the comment section as your feedback really matters me alot. Thank You ❤️

  • @dibaa_ki_atrangi_duniya
    @dibaa_ki_atrangi_duniya8 ай бұрын

    Madam meri kl ( 26 nov 2023) hi xm hein 3rd sem ki aur mein AJ (11pm) dekh Rahi hu . apki video mei bohot Clear krke describe Kiya gya hein aur mujhe personally isse behtar aur koi bhi video mei explanation accha nhi laga mei aur bhi videos dekhe in respect aur bhi sare teachers ki but apki video mei bohot hi clear karke aur acche se samjya gya hein which I like so much ❤ thank you so much ma'am for helping us 🙏☺️

  • @commtuts

    @commtuts

    8 ай бұрын

    Hi dear .. 🫶🏻 Thank You sooo much ❤️ this message n your words really mean a lot to me .. Thanks a ton 🩷 .. God Bless You 🙌🏻

  • @ayushchirania7547

    @ayushchirania7547

    3 ай бұрын

    Hello

  • @ayushchirania7547

    @ayushchirania7547

    3 ай бұрын

    Be😊😊😊😊😊😊

  • @AdvocateDhaliwal

    @AdvocateDhaliwal

    2 ай бұрын

    Kya bna results ka ??😂😂😂😂

  • @user-ww4su6wg6r

    @user-ww4su6wg6r

    2 ай бұрын

    Dibaa bhar gaya tumhara

  • @BuzzokaCollab
    @BuzzokaCollab Жыл бұрын

    so clear to understand , thanks alot .

  • @anchalagarwal3104
    @anchalagarwal3104 Жыл бұрын

    Hello ma'am u explained very nicely. 100% clear all doubts please make more videos on income tax. Many topics left to cover

  • @commtuts

    @commtuts

    Жыл бұрын

    Sure I will ✨

  • @user-ov4hj4ob7c
    @user-ov4hj4ob7c7 ай бұрын

    Thank u so much mam....Apne bahot hi ache tareeke se saare concepts clear or diye, wo bhi itni jaldi...and itne ache and easy examples bhi diye.....Mera paper kal hai iska 23/12/2023....and I'm very happy ki mujhe ye video mili....😊thank u so much mam once again✨💚

  • @commtuts

    @commtuts

    6 ай бұрын

    Welcome 😊

  • @rajputsneha23
    @rajputsneha237 ай бұрын

    You are best 👩‍🏫‍teacher ❤😊😊

  • @commtuts

    @commtuts

    4 ай бұрын

    Thank you ❤️

  • @maruthikumar0608
    @maruthikumar0608 Жыл бұрын

    maam you said income in general sense is the money recieved in regular basis. but capital receipts are not regular right?? they happen once a 3yrs or 4 yrs

  • @sarmishthajana753
    @sarmishthajana753 Жыл бұрын

    You explained it so well!! Thank you so much!!❤❤

  • @commtuts

    @commtuts

    Жыл бұрын

    Welcome ✨

  • @berlingajbhiye7072
    @berlingajbhiye7072 Жыл бұрын

    Best No words to your speech

  • @diyarawat9422
    @diyarawat94222 жыл бұрын

    😊🌸hope you'll get more subscribers as you deserve...keep making such videos mam it's very helpful to us.....

  • @commtuts

    @commtuts

    2 жыл бұрын

    Thanks a ton 🌸

  • @ayushchirania7547

    @ayushchirania7547

    3 ай бұрын

    😊😊😊

  • @HimanshuDhingra-ps7wy
    @HimanshuDhingra-ps7wy2 жыл бұрын

    ❣️🤩MAM YOUR VOICE IS SO CUTE

  • @commtuts

    @commtuts

    2 жыл бұрын

    🤗

  • @rebelpratik7692

    @rebelpratik7692

    Жыл бұрын

    Padai pe dhan tho lavdya

  • @nitikaraikwar3485

    @nitikaraikwar3485

    10 ай бұрын

    Abbey pdh le😂😂

  • @geyipotom6107

    @geyipotom6107

    4 ай бұрын

    Man will be man.

  • @harshchoursiya1894

    @harshchoursiya1894

    Ай бұрын

    Nauty amrica 😂​@@geyipotom6107

  • @kingadi.5869
    @kingadi.58692 ай бұрын

    Waooo waoooo waoooooooooooooo❤🎉

  • @SOUMYADEEPNANDI
    @SOUMYADEEPNANDI Жыл бұрын

    thanks for helping me before the night of the semester exam 🥰🥰🥰

  • @aradhya_pandey1711
    @aradhya_pandey17118 ай бұрын

    Dear mam, u teaching way is so beautiful✨ so elegant 😊 just looking like a wow 🤩 mam pls jldi jldi kuch ar vdos uplod kr dijiye meri mid sem hone wali 15 dec se 😢 ur vdos is really very helpful for me 😌 jitni vdos h sari download krli h mene but pls kuch ar vdos uplod kr dijiye its my humble request to uh 🙏 btw thnkiuu for this ❤

  • @commtuts

    @commtuts

    8 ай бұрын

    Awwww my god 🙈🙈 .. thank you sooooo much .. ❤️❤️ this means a lot 🌸 I’ll surely upload rest of the tutorials dear .. no worries .. Keep Watching 🥰 .. and All the Best for your Exams .. 🫶🏻

  • @divyanshisrivastava9447
    @divyanshisrivastava94472 ай бұрын

    Most Amazing and Simplest Explanation. Thank you ma'am ❤

  • @Karan_sharmavlog
    @Karan_sharmavlog Жыл бұрын

    Thank you mam Kal exam hai mera but adhi tension to aapki voice sunka hi Kam ho gaye❤❤

  • @Mini_Recaps8
    @Mini_Recaps85 ай бұрын

    Kal exam he meri or mene syllabus complete ni ki thi ...esi lagi ki mujhe kuch samjh me nhi aane wali he ....but no words for this video....now im able to attend the exams ❤thank you so much mam .... literally aap ko nhi pata kitna positive feel ho rhi he ab mujhe ❤❤❤❤❤❤

  • @commtuts

    @commtuts

    3 ай бұрын

    That’s great .. thank you for your kind words .. god bless you 🫶🏻

  • @tedsbear_
    @tedsbear_ Жыл бұрын

    Thanku mam .. my exam is on 16.. and your video is very helpful 🌺

  • @commtuts

    @commtuts

    Жыл бұрын

    It’s my pleasure 🌸✨

  • @itsabyt9650
    @itsabyt9650 Жыл бұрын

    Thank you mam😊 tommarrors my PPR of income tax

  • @Muskan-fd7xp
    @Muskan-fd7xp10 ай бұрын

    You explained so well that this subject became interesting for us💕

  • @commtuts

    @commtuts

    10 ай бұрын

    I'm so glad..❤ Thank You ❤

  • @amruta_kale
    @amruta_kale Жыл бұрын

    It was a detailed video and informative thank you mam you have clearly taught the concept

  • @commtuts

    @commtuts

    Жыл бұрын

    Glad to hear that ✨

  • @SarojPradhan-vk1ed
    @SarojPradhan-vk1ed10 ай бұрын

    Thank you mam I start my syllabus with your video ❤❤❤❤❤🎉🎉

  • @commtuts

    @commtuts

    10 ай бұрын

    It’s my pleasure.. and that’s great that you start your syllabus .. I hope you find these tutorials helpful.. Keep Watching and learning ..

  • @SarojPradhan-vk1ed

    @SarojPradhan-vk1ed

    10 ай бұрын

    @@commtuts ok mam u r great 👍

  • @SarojPradhan-vk1ed

    @SarojPradhan-vk1ed

    10 ай бұрын

    @@commtuts ok mam u r great 👍

  • @mramrutkumar
    @mramrutkumar8 ай бұрын

    I love your teaching

  • @commtuts

    @commtuts

    8 ай бұрын

    Glad to hear that ❤️

  • @suchitrasaxena6619
    @suchitrasaxena661910 ай бұрын

    Thank you mam ..Everything got crystal clear with you 💎❤️

  • @commtuts

    @commtuts

    10 ай бұрын

    Glad to hear this 🫶🏻 .. and most welcome 🌸

  • @komalsindhu7654
    @komalsindhu76542 жыл бұрын

    nice explanation 👍

  • @JatinderSingh-pw2ue
    @JatinderSingh-pw2ue Жыл бұрын

    Best vedio

  • @sunilnargawa94
    @sunilnargawa94 Жыл бұрын

    Thank you ma'am 👍

  • @Helping4450
    @Helping4450 Жыл бұрын

    Mam credit card expense kya income mein include hoga?

  • @5M-ovies
    @5M-ovies4 ай бұрын

    Teaching method and voice and everything is just fabulous ❣️🙏

  • @commtuts

    @commtuts

    3 ай бұрын

    Thanks 😊

  • @TheGlowingGlam123
    @TheGlowingGlam1233 ай бұрын

    Thank u so much very informative video 😊

  • @commtuts

    @commtuts

    3 ай бұрын

    Welcome 🫶🏻

  • @anamikasingh4176
    @anamikasingh4176 Жыл бұрын

    It is really helpful for me. Thank you so much ma'am.🤝🏻🤝🏻🤝🏻🤝🏻🤝🏻🤝🏻

  • @commtuts

    @commtuts

    Жыл бұрын

    Welcome 🤗

  • @Adityakittoo
    @Adityakittoo Жыл бұрын

    Thanks for teaching so smooth and clean !

  • @commtuts

    @commtuts

    Жыл бұрын

    Glad it was helpful!

  • @ShivaniShandilya-rm4vd
    @ShivaniShandilya-rm4vd2 ай бұрын

    Thnks a lot maam very well explaination ❤❤

  • @NehaGupta-th2ek
    @NehaGupta-th2ek Жыл бұрын

    Thank you so much ma'am

  • @Saloni_jain.19
    @Saloni_jain.19 Жыл бұрын

    Ma'am ....Thankuu thankuuu thankuu so much ...this video is very helpful for me . And u explained very well . Thankuu😊 ❤

  • @commtuts

    @commtuts

    Жыл бұрын

    Most welcome 😊

  • @shivihindimovie2590
    @shivihindimovie2590 Жыл бұрын

    Thank you so much mam. It is very helpful for all students.....

  • @commtuts

    @commtuts

    Жыл бұрын

    Welcome

  • @ShivamGupta-bq3vt
    @ShivamGupta-bq3vt8 ай бұрын

    Mam pls make more video for VI sem other subjects your way of explanation is to good thanks you very very much for this playlist ❤❤

  • @kusumsharma6634
    @kusumsharma6634 Жыл бұрын

    really vry useful vdo .thanks

  • @commtuts

    @commtuts

    Жыл бұрын

    Thank You ✨

  • @chandniyadav130
    @chandniyadav1304 ай бұрын

    Thank you so much it's really helpful and also you explain very easily like... It's easy to understand thank you❤❤❤❤

  • @commtuts

    @commtuts

    3 ай бұрын

    Glad that this tutorial is helpful for you .. thank you for your kind words.. this means alot .. 🫶🏻🫶🏻

  • @pritidahale5
    @pritidahale56 ай бұрын

    Thank you ❤

  • @kaberisabar1512
    @kaberisabar1512 Жыл бұрын

    Thank you for this session ma'am🙏🙏🙏

  • @commtuts

    @commtuts

    Жыл бұрын

    Keep watching 😊

  • @ShreyaSingh-wp4nq
    @ShreyaSingh-wp4nq2 ай бұрын

    Thank you so much

  • @thakurvijayantsingh2904
    @thakurvijayantsingh2904 Жыл бұрын

    Thanku so much ma’am

  • @user-fw4xo5np3f
    @user-fw4xo5np3f7 ай бұрын

    Tq mam very easy way u teach very well

  • @commtuts

    @commtuts

    6 ай бұрын

    It's my pleasure 😊

  • @prikshitgupta6494
    @prikshitgupta64943 ай бұрын

    subscribed .. u deserve this 🎉❤

  • @commtuts

    @commtuts

    3 ай бұрын

    Awww .. thank you so much .. this means alot ❤️

  • @AkshitGoyal
    @AkshitGoyal9 ай бұрын

    Good explanation Mam 💯

  • @commtuts

    @commtuts

    9 ай бұрын

    Thanks a lot

  • @Krsnagovind1211
    @Krsnagovind12112 ай бұрын

    Thank you so much maam bhut ache s samjhati ho mera exam h income ka kucu nhi aata yey video bhut helpful h ❤❤

  • @preetithukral8632
    @preetithukral863210 ай бұрын

    you explained in very good way. Keep going!💖

  • @commtuts

    @commtuts

    10 ай бұрын

    Glad you liked it 💖 Thank You 🌼🙏🏻

  • @vritikagoswami7991
    @vritikagoswami79918 ай бұрын

    Thanks

  • @anjalitelang6211
    @anjalitelang62117 ай бұрын

    ❤❤❤love it your video maam Thank u for these🎉🎉🎉❤❤❤

  • @commtuts

    @commtuts

    6 ай бұрын

    My pleasure 😊

  • @nitikaraikwar3485
    @nitikaraikwar348510 ай бұрын

    Mam very good explanation 😊😊😊 very easy example

  • @commtuts

    @commtuts

    10 ай бұрын

    Thanks a lot 😊

  • @fact_zone77
    @fact_zone77 Жыл бұрын

    Ma'am your voice is so sweet and you explain each and everything very easily.

  • @commtuts

    @commtuts

    Жыл бұрын

    Thanks a lot 😊

  • @ruchika158
    @ruchika1582 жыл бұрын

    Amazing 👏

  • @commtuts

    @commtuts

    2 жыл бұрын

    Thank You 💖

  • @dushyantpratapsingh5700
    @dushyantpratapsingh5700 Жыл бұрын

    thnq mam

  • @ritzzmysterious258
    @ritzzmysterious258 Жыл бұрын

    Mam I can't catch meaning , you voice is❤ so, sweet Awaz sun ke need gayab ho gyi .. or pardhyi me man bhi nhi lag rha😅😂😂😂😂

  • @anchalagarwal3104
    @anchalagarwal3104 Жыл бұрын

    Also make a video on how to file our ITR

  • @gamirabibhar4031
    @gamirabibhar4031 Жыл бұрын

    Thank you mam

  • @jyotsnatyagi3836
    @jyotsnatyagi3836 Жыл бұрын

    It's superb 🔥

  • @commtuts

    @commtuts

    Жыл бұрын

    Thank You ☺️

  • @dilshadahmad2805
    @dilshadahmad28056 ай бұрын

    Appreciable 🎉😊

  • @commtuts

    @commtuts

    6 ай бұрын

    Thanks ☺️

  • @JiyaJuneja-se7kj
    @JiyaJuneja-se7kj7 ай бұрын

    Mam you are gem 💎

  • @commtuts

    @commtuts

    6 ай бұрын

    😊

  • @puresoul7048
    @puresoul7048 Жыл бұрын

    Useful

  • @soniya-s21
    @soniya-s21 Жыл бұрын

    Best Explanation👍👍👍

  • @commtuts

    @commtuts

    Жыл бұрын

    Thank You 🫶🏻

  • @surbhi5465
    @surbhi54655 ай бұрын

    gross total income calculate krte tym bhi deductions ki jaati hai under each head... fr uska aggregate gross total income hota hai

  • @vedikanirmal4521
    @vedikanirmal45213 ай бұрын

    Thank you mam❤

  • @commtuts

    @commtuts

    3 ай бұрын

    Most welcome ❤️

  • @mramrutkumar
    @mramrutkumar8 ай бұрын

    Thanks for making learning easy mam 🙂

  • @commtuts

    @commtuts

    8 ай бұрын

    Most Welcome dear .. 🌸 Keep watching 🫶🏻

  • @roshansharma8163
    @roshansharma81634 ай бұрын

    Thankyou mam 🙏🙏

  • @commtuts

    @commtuts

    3 ай бұрын

    Most welcome 😊

  • @tanvinegi1905
    @tanvinegi19052 ай бұрын

    Nice explanation

  • @Letsnacho4u
    @Letsnacho4u5 ай бұрын

    Best Explanation mam ✨😍♥️💕

  • @commtuts

    @commtuts

    5 ай бұрын

    Thank You ☺️

  • @roshnisaini7234
    @roshnisaini7234 Жыл бұрын

    Thank you so much mam

  • @commtuts

    @commtuts

    Жыл бұрын

    Welcome ✨

  • @shivrajsinghrahore6152
    @shivrajsinghrahore61524 ай бұрын

    Thanks 😊

  • @commtuts

    @commtuts

    3 ай бұрын

    Welcome 😊

  • @Jakharshab_
    @Jakharshab_4 ай бұрын

    What a explanation 🫴🥀

  • @lakshmikanttripathi3828
    @lakshmikanttripathi3828Ай бұрын

    Nice

  • @EktaSingh-fj1fx
    @EktaSingh-fj1fx Жыл бұрын

    👍👍👍👍

  • @ashrutsrivastava803
    @ashrutsrivastava803 Жыл бұрын

    Prepared my semester exam by this 😂❤

  • @saritakhare1018
    @saritakhare1018 Жыл бұрын

    Thanks maam.. Well explained

  • @commtuts

    @commtuts

    Жыл бұрын

    Most welcome 😊

  • @DraishaYT
    @DraishaYT6 ай бұрын

    Thanks❤

  • @commtuts

    @commtuts

    6 ай бұрын

    Welcome 😊

  • @baisa_pooja7773
    @baisa_pooja7773 Жыл бұрын

    Thanks a lot ma'am 🌸❤️

  • @commtuts

    @commtuts

    Жыл бұрын

    Most welcome 😊

  • @amitasharmasharma2566
    @amitasharmasharma2566 Жыл бұрын

    Amazing mam ❤

  • @commtuts

    @commtuts

    Жыл бұрын

    Thanks a lot 😊

  • @jareenamaggamworksrajahmun1230
    @jareenamaggamworksrajahmun123011 ай бұрын

    Well explained mam ❤

  • @commtuts

    @commtuts

    11 ай бұрын

    Thank You 😊

  • @ruchika158
    @ruchika1582 жыл бұрын

    😍👍👍

  • @Arbish21
    @Arbish2110 ай бұрын

    Nice explanation ❤

  • @commtuts

    @commtuts

    10 ай бұрын

    Thank You 😊

  • @manishapokhrel9404
    @manishapokhrel94045 ай бұрын

    Thank you 🫶❤️

  • @MansiSoni-zc4wq
    @MansiSoni-zc4wqАй бұрын

    Mam plz ap income tax ka or videos bna dejye mam bhoot sra syllabus bki h iska apke videos kafi achhe h plz mam

  • @rakshitachoudhary5537
    @rakshitachoudhary5537 Жыл бұрын

    Very Good Mam 👍🏻

  • @commtuts

    @commtuts

    Жыл бұрын

    Thanks ✨

  • @santoshgoala-nw8jm
    @santoshgoala-nw8jm Жыл бұрын

    nice

  • @Amitsharma-dy7gk
    @Amitsharma-dy7gk Жыл бұрын

    Kaash . meri mam ki bhi esi awaaz hoti toh m class m hi sab concepts smjh leta .❤😊

  • @ayushchirania7547

    @ayushchirania7547

    3 ай бұрын

    😊

  • @user-eo3pv5yl3p
    @user-eo3pv5yl3p Жыл бұрын

    thnkewwww 😢❤

  • @commtuts

    @commtuts

    Жыл бұрын

    Welcome 🤗🙏🏻

  • @Easytostudy11
    @Easytostudy1110 ай бұрын

    Mama thanks

  • @commtuts

    @commtuts

    10 ай бұрын

    Welcome

  • @anushreejain8603
    @anushreejain8603 Жыл бұрын

    Mam features of income par video bnadijiye🙏🙏🙏❤️

  • @Justtauqueer
    @Justtauqueer Жыл бұрын

    You explained sooo well💖✨

  • @commtuts

    @commtuts

    Жыл бұрын

    Thank You ✨

  • @bobbypl8522
    @bobbypl85222 жыл бұрын

    supermadam

  • @snehasah01
    @snehasah01 Жыл бұрын

    Make videos for all chapters mam

  • @hasley3950
    @hasley3950 Жыл бұрын

    thankyou mam

  • @commtuts

    @commtuts

    Жыл бұрын

    Most welcome 😊

  • @Ax-fq8zc
    @Ax-fq8zc Жыл бұрын

    Are casual income and income from other sources the same thing???

  • @commtuts

    @commtuts

    11 ай бұрын

    "Casual income" and "income from other sources" are not the same terms. They refer to different types of income in the context of taxation. 1. Casual Income: Casual income generally refers to income earned from irregular or occasional work, often in addition to a regular job. This could include earnings from part-time or temporary jobs, freelancing, odd jobs, or sporadic gigs. Casual income is often considered supplementary and may not be a person's primary source of income. 2. Income from Other Sources: Income from other sources is a broader category defined under tax laws in many countries. It includes income that does not fall under other specific categories like salary, business profits, capital gains, etc. Income from other sources might encompass interest earned from savings accounts, dividends from investments, rental income, gifts, prizes, royalties, and more.

  • @Letsstudyeasy
    @Letsstudyeasy9 ай бұрын

    Nice explanation mam 🤗

  • @commtuts

    @commtuts

    9 ай бұрын

    Thanks a lot 😊

  • @Letsstudyeasy

    @Letsstudyeasy

    9 ай бұрын

    your welcome mam 🤗

  • @goldyyadav1085
    @goldyyadav108510 ай бұрын

    define income tax as per income tax act 1961 or meaning of income tax as per income tax act is same Please 🙏 reply mam

  • @commtuts

    @commtuts

    10 ай бұрын

    Yes ..

  • @soni_pandey4488
    @soni_pandey4488 Жыл бұрын

    Safai krne pe v 100rs nhi milta jeans se 🤷 or nahi raste pe ... 500 😁 ... By the way nyc teaching maam