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Taxation of subsidy received by farmers

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(Querist)
09 July 2019 Sir/Madam,
Can u plz tell me whether any subsidy received from State Govt by farmers is taxable in the hands of farmers? If yes,under which section and which head?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 July 2019 Subsidy received by farmers will be considered as agricultural income exempt from tax.
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Jyothsna

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Jyothsna (Querist)
10 July 2019 Sir,in that case should it be clubbed with Agricultural income as i'm having other taxable income so that i can calculate rebate on agricultural income
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 July 2019 Yes club it with agricultural income.
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