…………..comes under agricultural income.

Related MCQs

• If the agricultural income is ……….. then the agricultural income is considered for calculating tax.
• The income is chargeable under the head of salary under ……………of Income Tax Act, 1961.
• As per Income Tax Act, 1961, income tax is charged on the income of at a rates which are prescribed by the Finance Act of relevant assessment year.
• Agricultural income is completely exempted for assessment year
• The agricultural income includes .
• Income tax is collected on all types of income except .
• As per the definition of Income, the income includes the following .
• The following is exempt income from Income Tax:.
• Any rent or revenue derived from land which is situated in India and is used for agricultural purpose is .
• The capital gain is chargeable under of Income Tax Act.