About agriculture income

Which section deals with scheme of partial integration?? Is there any particular section or it is given in notification or finance act provision? If so mention it.
Replies (1)
Agricultural income is exempt u/s 10(1)

the Income-tax Act has laid down a method to indirectly tax such income. This method or concept may be called as the partial integration of agricultural income with non-agricultural income. It aims at taxing the non-agricultural income at higher rates of tax. This method is applicable when the following conditions are met:
Applicability:
Individuals, HUFs, AOPs, BOIs and artificial juridical persons have to compulsorily calculate their taxable income using this method. Thus Company, firm/LLP, co-operative society and local authority are excluded from using this method.
Net agricultural income is greater than Rs. 5,000 during the year; and
Non-agricultural income is:
Greater than Rs. 2,50,000 for individuals below 60 years of age and all other applicable persons
Greater than Rs. 3,00,000 for individuals between 60 – 80 years of age
Greater than Rs. 5,00,000 for individuals above 80 years of age

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