definition of aggriculture land
Bhagat Khari (1 Points)
24 March 2018
What is definition of aggriculture land in income Tax
Bhagat Khari (1 Points)
24 March 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160609 Points)
Replied 24 March 2018
Circular No. 2(WT) of 1968 dt. 16/03/1968
A land may be treated as Agricultural land if the following conditions are satisfied;
1. Land Revenue/Agricultural cess is paid.
2. Agricultural operations are carried out from year to year.
3. It has not been put to non-agricultural use.
Refer: article.asp?ArticleID=6495
CAclubindia
