Tax treatment in the hands of a woman assessee having only agricultural income.
Menu
Agricultural income
Replies (3)
Agricultural Income is exempt from Income tax unless it shall be clubbed with other income for computation of total tax liability.
Assessee status has nothing to do with taxability here.
In your case as per the fact, it is not taxable.
Ya I. Agree
The assessed male or females doesnt matter
Need to specify which type of agriculture activity you are referring. Not all the work done on field or any activity related to agriculture is an Agriculture Income as per Income Tax Act.
Recent Topic
- Claiming Pre Possession Home Loan Interest
- Tax on Pension from EPFO
- Indexation of Sale of Property under New Regime
- TDS ON RENT BY TENANT
- Forward tax charge gst related
- SBI direct mutual funds ITR
- 44AE Section
- FEMA compliant structure
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
Related Topics
CAclubindia
