Lease income derived from the agricultural land - "income from ...

Income Tax

September 25, 2020

Lease income derived from the agricultural land - "income from other source" OR “agricultural income” which is exempt from tax u/s.10(1) - unless there is some measure of cultivation of land and some skilled labour is performed on the land for cultivation, the land cannot be said to have been used for agricultural purposes. - AT

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Lease income derived from the agricultural land - "income from ...

Income Tax

September 25, 2020

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