Agriculture Income Show in ITR


This query is : Resolved 

Quick Summary
Even though agricultural income is typically exempt from tax, you are still required to declare it when filing your Income Tax Return (ITR). This applies even if you have other income sources like fixed deposit interest. Failing to declare all income, including farm earnings, is not the correct approach for tax filing.

(Querist)
08 July 2024 Person is farmer he has fixed deposits ( 11 Lakh Rs. ) in bank and TDS Deducted on Interest income

My question is Agriculture income is Exempt income So if i only Show interest (interest on deposits ) income
in ITR and Skip agriculture income (Because of Exempt Income ) then this is correct way of showing income of farmer or i need to Show Agriclture income in ITR

08 July 2024 While filing ITR, you need to declare all the income/s, including agricultural income.

26 August 2024 You are welcome.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details