Agricultural income in India is:
(1) Taxable
(2) Not taxable
(3) Taxable every alternate year
(4) None of the above
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pls give brainliest answer and thanks
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marwabood1995:
now what is the answer
not taxable
mean taxable
sss
yes give brainliest answer
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. As per Section 10(1) of the Income Tax Act, 1961, agricultural income is exempted from taxation. The central government cannot levy tax on the agricultural income received.
taxable or not taxable
taxable give brainliest answer
and thanks
to me
agricultural income are not taxable. in income tax the word excepted income is used to indicate those incomes which are not taxable under income tax
sec 10 to 13A are dealing with such excepted incomes. agricultural income are deals in section 10 sub section 1.
what is final answer frm that choose
i already said it is not taxable
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