Types of Corporate Tax in India

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1. Profits Earned by the Business

"Profits Earned by the Business" is the surplus income remaining after all expenses are deducted from revenue, reflecting the company's financial success.

2. Income From Renting a Property

Income From Renting a Property is the money earned from tenants who lease real estate. It provides regular cash flow and may be taxed, with possible deductions for related expenses.

3. Capital Gains

Capital gains are profits from selling an asset at a higher price than its purchase cost, often subject to taxes.

4. Income from Other Sources

"Income from Other Sources" includes earnings like interest, dividends, rental income, and lottery winnings that don't fall under primary income categories like salary or business profits.

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