Section 101
Section 101: total income
Section 101 opens the Act's Aggregation of Income chapter with a short rule: an assessee's total income must include all income on which no income-tax is payable under Chapter XVII-A4. This chapter goes on to cover unexplained credits, investments, assets, expenditure, and loan/repayment irregularities, as well as their taxation and the set-off/carry-forward of losses.
What Section 101 says
In computing the total income of an assessee, there shall be included all income on which no income-tax is payable under Chapter XVII-A4.
Frequently asked questions
What does Section 101 add to total income?
All income on which no income-tax is payable under Chapter XVII-A4, as part of computing the assessee's total income.
Related sections
Want this applied to your actual filing, not just explained?
Get help computing your total income correctlyLast updated 9 September 2026