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Partial Integration incase ofAgriculture Income

Tax queries 568 views 1 replies

Hi,

I have a query in Partial Integration of Agri. and Non Agri. income:-

I have an income from salary 1,70,000, LTCG- 30,000, Agriculture Income - 20,000 & Deduction u/c VI 15,000. So in this case whether paritial integration will be done or not? (assume slab of 1,60,000)

Does Non agriculture income includes LTCG, STCG (111A) & Casual Income and do we deduct deductions u/c VI before checking the maximum exempted limit?

Thanks,

Mukund

Replies (1)

YES NON AGRICULTURAL INCOME IS MORE THAN EXEMPTION SLAB AND AGRICULTURE INCOME IS MORE THAN 5000 ........SO PARTIAL INTEGRATION WILL BE DONE IN THIS CASE


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