distinguished between agricultural and partly agricultutal income
Answers
Answer:
mark me as brilliant plz bro
Explanation:
Partly Agricultural and Partly Non-agricultural Income. ... Such a situation arises in case of certain 'Agro based industries where agricultural produce is used as raw material and it (i.e., raw material) is produced by the same person (i.e., industrialist) who manufactures industrial product by using such raw material.
Answer:
Agricultural income:
Income derived from sale of replanted trees.
Income from sale of seeds.
Rent received for agricultural land.
Income from growing flowers and creepers.
Profits 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.
Non-agricultural income:
Income from poultry farming.
Income from bee hiving.
Any dividend that an organization pays from its agriculture income.
Income from the sale of spontaneously grown trees.
Income from dairy farming.
Income from salt produced after the land has flooded with sea water.
Purchase of standing crop.
MARK ME AS BRAINLIEST!! GOOD LUCK :))