Agriculture income provision
This query is : Resolved
13 November 2016
I have earned only agriculture income is Rs. 10lac.
please explain tax provisions.
From
Latika
13 November 2016
No tax payable on only agricultural income.
13 November 2016
sir if salary income or pension income earn, at that time agriculture income is exempt ?
17 October 2021
As per section 10(1), agricultural income earned by the taxpayer in India is exempt from tax.
But if you have any other income along with agricultural income, than the tax slab rate is likely to increase.
But if you have any other income along with agricultural income, than the tax slab rate is likely to increase.
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