Any Rent or revenue derived from land situated in India and used for agricultural purpose is Agricultural Income


All the following conditions must be satisfied

  1. Rent or Revenue Income Earned in cash or kind
  2. Income is earned from Land and not other assets
  3. Land must be situated in India
  4. Land must be used for Agricultural Operations by tenant


  Rent or Revenue Derived from Land - What is Agricultural Income






State whether Agricultural income Exempt


Mr A owns an agricultural land in India. He gives it on Rent to B @10000 pm. Mr B uses the land for agricultural purpose?

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.