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What is agricultural income & how is agricultural income is
totally exempt from tax (ref sec.10(1) of incimetax act)?



What is agricultural income & how is agricultural income is totally exempt from tax (ref sec.1..

Answer / pradeep banduni

agricultural income is the income which occurs from
agricultural business,moreover that bussiness must be a
nature of personal use.
agricultural income first added in income = aggreegate
income this it is deducted from the gross income.
it is exempted from tax

Is This Answer Correct ?    7 Yes 2 No

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