Itr for agricultural income

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CA Vivek Kumar (Querist)
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15 October 2013 Dear experts i have a query, plzz solve An individual have only two types of income 1) agricultural, which is 6,00,000 approx. p.a. 2) interest( 3000 approx. p.a.). income tax return is mendetory for this individual..?? also tell the benifit of filling itr for this individual.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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16 October 2013 No requirement for Income tax return in this case. even if you wish to file, you may file ITR2.

CA Pallav Singhania

CA Pallav Singhania (Expert)
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16 October 2013 Agriculture income is exempt under the Indian Income Tax Act.
This means that income earned from agricultural operations is not taxed.

However, you can file ITR 2...

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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16 October 2013 If u want then file itr-2.

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