Agriculture Income

This Income is Exempt from Income tax under Section 10(1)

 

Definition of Agricultural Income

Agricultural income is defined under section 2(1A) of the Income-tax Act.

As per this section, agricultural income generally means:

  1. Rent or Revenue Derived from land
  2. Income from Agriculture Operations
  3. Income from Farm House/Building Attached to Agricultural Land

  Different types of Agricultural Income- Definition as per Income Tax - What is Agricultural Income

 

  1. Income Tax
  2. Agricultural Income
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Davneet Singh
Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 7 years. He provides courses for Mathematics and Science from Class 6 to 12. You can learn personally from here https://www.teachoo.com/premium/maths-and-science-classes/.
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