What is agricultural income

what is agricultural income
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Quick Summary
Agricultural income refers to earnings derived from activities related to agricultural land. This includes revenue from renting out farmland, selling seeds, growing flowers, and profits from agricultural partnerships. Certain agricultural income is exempt from tax up to a specified limit.

Revenue earned
from agricultural land
Rent or revenue derived from agriculture land
income from selling of seeds
income from sale of replanted tress
income from growing of flowers
profit s received from a partner from a firm
engaged in agricultural produce or activities
interest on capital that a partner from a firm
engaged in agricultural operations receives
Rent or revenue derived from agricultural land
Income from selling of seeds.

Agricultural Income is exempted to the extent of Rs.5000.

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