Agricultural Income

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2 Points Posted on 29 December 2020
Is rent received from charitable trust on agricultural lands used for religious purpose taxable?
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On 29 December 2020 at 19:42 Report
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This discussion clarifies the taxability of rent received by a charitable trust from agricultural lands designated for religious use. While the land is agricultural, the income generated from rent is classified as rental income, not agricultural income. Consequently, this rental income is subject to taxation.

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6 Points Posted on 29 December 2020
Not taxble
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On 29 December 2020 at 20:11
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Accountant
4533 Points Posted on 31 December 2020
It will be treated as your rental income not your agriculture Income and hence taxable
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On 31 December 2020 at 01:01

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