agricultaral income

This query is : Resolved 

12 August 2010 is total agricultaral income is exempted for the asseesment year 2010-11

12 August 2010 YES.

12 August 2010 Yes it is exempt u/s 10(1). However it is added for rate purpose only in the income.

12 August 2010 If you are talking about only agriculture income then it is exempted u/s 10(1). However, if assessee has other income as well then it will be considered for tax purpose.

12 August 2010 Agreed


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