Itr

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Mayur Bhujbal (Querist)
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03 July 2012 i hv following problem
bank has deducted tax of FD. our income from agriculture; not more than 50,000/- i will file ITR for refund tax which deducted on FD. can i show agriculture income in ITR. & how ? If not show agri. income in ITR which income show? or can i file ITR only with FD income ?

please help me

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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04 July 2012 Although agricultural income is exempt, it is to be declared in the Income Tax Return for rate purposes.

Accordingly, you should show the income in the ITR.

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