Agricultural income

This query is : Resolved

Akash Jain (Querist)
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14 April 2012 Is salary received from an agricultural university is considered as Agricultural Income in the hands of recipient??

Vivek Mehta (CA, DISA,CS, MBA)

Vivek Mehta (CA, DISA,CS, MBA) (Expert)
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15 April 2012 No the salary received from an agriculture university is liable for taxation under the head salaries...and is not an agriculture income...

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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15 April 2012 yes agree with expert, its a salary income not an agriculture income

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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16 April 2012 Even if you receive any salary from an agriculturist it is taxable. Agricultural income has been defined u/s 10. Kindly go through the same it is applicable for any production by operation of land and not for any services rendered.