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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Agricultural income – infraction of the statutory provisions may ...


Violating agricultural income laws may lead to penalties, but income remains classified as agricultural.

August 16, 2012

Case Laws     Income Tax     AT

Agricultural income – infraction of the statutory provisions may expose the assessee to the risks of being penalized or punished under the relevant statutes, but the same do not change nature of the agricultural income - AT

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