Gift of agriculuture land & income from agriculture
This query is : Resolved
09 January 2016
my bro is farmer.. so he want to give me agriculture land in gift of 0.5 acres
so i entitled get that agri land as per law
if yes.. than income from that land will be tax free income for me also?
so i entitled get that agri land as per law
if yes.. than income from that land will be tax free income for me also?
09 January 2016
Yes if the icome there from is of agricultural operations
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