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Agri income for computing limit of 50 lacs

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..... Agri income for computing limit of 50 lacs
Query (Issue) Started By: - Ramakrishna Nune Dated:- 31-5-2016 Last Reply Date:- 31-5-2016 Income Tax
Got 2 Replies
Income Tax
Whether agricult .....

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..... ure income is to be included while calculating limit of ₹ 50 lacs for disclosure of assets of individual. Thanks in advance Reply By Ganeshan Kalyani: The Reply: Sir, in my view it is to be in .....

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..... cluded. 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. Reply By Ganesh .....

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..... an Kalyani: The Reply: Sir I welcome views of expert colleague as well in this regard. Thanks.
Discussion Forum - Knowledge Sharing .....

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