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Agri income for computing limit of 50 lacs, Income Tax |
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Agri income for computing limit of 50 lacs |
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Whether agriculture income is to be included while calculating limit of ₹ 50 lacs for disclosure of assets of individual. Thanks in advance Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Sir, in my view it is to be included. Though the income is exempt it is disclosed in the income tax return as a disclosure effect. Similarly it should be considered for the purpose of disclosure of asset. Thanks.
Sir I welcome views of expert colleague as well in this regard. Thanks. Page: 1 Old Query - New Comments are closed. |
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