Agriculture income as presumptive business income

Shivangi Garg (9 Points)

04 December 2021  
Please guide on following case,

Assessee is individual below 60 years of age.

His annual salary from Pvt company is 8,00,000

His agriculture income 1,00,000
Agriculture expenses 40,000

Can assessee treat his agriculture income as business income and take the deduction of agriculture expenses from it?

Can we consider agriculture income as presumptive business income?