TheTaxHeaven Dictionary - Know the meaning of tax

Gross Total Income

The term 'Gross Total Income' is a comprehensive measure of an individual's total earnings. It encompasses various income streams, including salary, income from house property, capital gains, business proceeds, and other miscellaneous sources. However, it's important to note that this figure is calculated before any deductions are made under chapter VI-A, specifically sections 80C to 80U.