Understanding the genetics of salt tolerance is of utmost need to combat the rising prevalence of soil salinity through employing tolerant cultivars. The current study was carried out to investigate the quantitative genetic basis of agronomical and physiological-related traits of salinity-stressed plants using seven generations (parental cultivars, F1, F2, F3, BC1, and BC2) of wheat grown in the field under normal and saline conditions. The combined analysis of variance showed highly significant effects of salinity and genotypes (generations) on all the traits. The scaling tests did not support the three-parameter model (additive-dominance model); hence, the six-parameter model was used to assess the genetic effects governing the traits in this study. The epistatic gene effects were crucial, as were additive and dominance gene effects for plant height, K/Na, and yield in salinity stress conditions. The highest heritability was observed for total chlorophyll, carotenoid, SPAD chlorophyll, and K/Na ratio in saline conditions. The additive genetic variance was more important than the dominance variance for grain weight, K, K/Na in salinity conditions. The findings of the current study may have important implications in the quantitative genetics of salinity tolerance and the development of cultivars tolerant to salinity in wheat.