I want to clarify about agriculture income till hou much amount exemption from income tax
JAGADEESH NAKKA (10 Points)
26 January 2020
agri income exemption from income tax
5 Replies
ajeet singh
(1392 Points)
Replied 26 January 2020
If only agri income its fully exempt in case of income other than agri there is partial integration of income where the non agri income is highly taxed as compare to normal cases
RAJA P M
("Do the Right Thing...!!!")
(128111 Points)
Replied 26 January 2020
Agriculture income fully exempted under income tax act...
rama krishnan
(12244 Points)
Replied 26 January 2020
It's fully exempt subject to income tax rules under rule 7,7A,7B and 8
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