Hi all,
Am i right to say that sale of agricultural land is agricultural income? as it is mentioned in the act that any rent or revenue derived from land situated in india and used for agricultural purposes is agricultural income.
srinivasan ak (149 Points)
28 February 2020Hi all,
Am i right to say that sale of agricultural land is agricultural income? as it is mentioned in the act that any rent or revenue derived from land situated in india and used for agricultural purposes is agricultural income.
Eswar Reddy S
(CFO- at NHTF)
(58213 Points)
Replied 28 February 2020
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