Any rent or revenue derived from land which is situated in India and is used for agricultural purpose is .

Related MCQs

• Agricultural income from foreign is taxable
• Agricultural income is completely exempted for assessment year .
• The agricultural income includes .
• ____________ comes under agricultural income.
• In case of a hospital built in specified area after 31.3.2008 fulfilling the required conditions laid down in Section 80IB-(11C), the profits and gains derived from running the hospital are
• ‘Derivatives’ is a general term for financial assets that are “derived” from other_______________.
• Income received in India whether occurred in India or outside India, the tax incidence in case of resident is .
• Income received in India whether occurred in India or outside India, the tax incidence in case of resident but not ordinarily resident is .
• Income received in India whether occurred in India or outside India, the tax incidence in case of non-resident is .
• Income deemed to be received in India whether occurred in India or outside India, the tax incidence in case of resident is .