Law and Procedure an e-book | ||
Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)General FAQs This |
||
Income Tax - Frequently Asked Questions (FAQs) |
||
General FAQs |
||
|
||
I am an agriculturist. Is my income taxable? |
||
Ans. Agricultural income is not taxable. However, if you have non-agricultural income too, then while calculating tax on non-agricultural income, your agricultural income will be taken into account for rate purpose. For meaning of Agricultural Income refer section 2(IA) of the Income-tax Act. |
||