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Agricultural Income

Others 478 views 3 replies

 Pls clarify  on the following 

X has agricultural income of Rs 202263,Other income RS 81519. How to compute the tax liability for X. 

If i add Rs 150000 to Agri income and calculate tax it is more than tax payable on Aggregate income (i.e AGri+ Non Agri)

Replies (3)

In that case you have no need to pay tax ....................

YES YOUR TAX LIABILITY WILL BE NIL

ur income is exempt from income tax ...


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