Agriculture income in itr

Income required to be shown in individual ITR as exempt income.

Ok but will it be part of capital or not.

Capital

From Accounting Point of view , you may consider it P & L as Agricultural Income &

In Income Tax Computation make adjustment

Net Profit as per P & L
Less : Incomes Considered Seperate ( Related to other heads)


&

Show it under agriculture income.


You may have to pay tax on agriculture income also if non agriculture income exceeds basic exemption limit

My agriculture income is rs 92000 and income from dmat rs 56000 and income from mutual fund rs 12000 and interest from Bank savings account rs 2000 and sell a agriculture land rs 220000 . how many rupees I pay tax.