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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?

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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.

 

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