Agriculture Income
This query is : Resolved
04 December 2009
Dear Experts,
Do we can add Agriculture Income in Gross Income,even if its Exempted Income...?
while Prepairing Ack.
Thanks in advance
Do we can add Agriculture Income in Gross Income,even if its Exempted Income...?
while Prepairing Ack.
Thanks in advance
04 December 2009
Hi,
Agriculture income is considered for rate purpose only.
It is first added in the total income to determine the slab of taxation but tax is levied on income other than agriculture income.
Agriculture income is considered for rate purpose only.
It is first added in the total income to determine the slab of taxation but tax is levied on income other than agriculture income.
04 December 2009
agree
05 December 2009
Considered only for aggregation of income.
i.e for higher tax rate, but only total income excluding agriculture income is taxable.
this aggregation is applicable in case of Individual and HUF if agriculture income excedding RS. 5000/-
i.e for higher tax rate, but only total income excluding agriculture income is taxable.
this aggregation is applicable in case of Individual and HUF if agriculture income excedding RS. 5000/-
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
