A person carries on agricultural operations and generate income in the land owned by his mother.Can the son can show agricultural income in his return?
Devendra
(Chartered Accountant)
(4775 Points)
Replied 01 March 2012
If the income is received by you (ie. cheque is received in your name or cash is received by you), then the agricultural income can be shown in your Income Tax Return.
Regards,
Devendra Kulkarni
CAclubindia
