Agricultural income is completely exempted for assessment year .

Related MCQs

• As per Income Tax Act, 1961, income tax is charged on the income of at a rate which are prescribed by the Finance Act of relevant assessment year.
• Assessment year is the period of 12 months commencing from_every year.
• Expenditure incurred on exempted income is.............. as deduction.
• The awards and rewards are exempted from Income Tax if .
• __________ is exempted from income tax.
• Which section of the Income Tax Act exempted incomes have been mentioned?
• The meaning of exempted income is .
• Agricultural income from foreign is taxable
• The agricultural income includes .
• ____________ comes under agricultural income.