What is agricultural income

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1 Points Posted on 06 December 2020
what is agricultural income
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On 06 December 2020 at 21:25 Report
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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.

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Accountant
3662 Points Posted on 06 December 2020
Revenue earned
from agricultural land
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On 06 December 2020 at 21:41
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Tax consultant
5895 Points Posted on 07 December 2020
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
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On 07 December 2020 at 00:53
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Profession
28261 Points Posted on 07 December 2020
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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On 07 December 2020 at 08:19

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