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RENT RECEIVED FROM AGRICULTURE LAND

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02 November 2022 Whether rent received from agriculture land is taxable or not ? Deductor has deducted TDS on rent paid.

If not, then is it considered as agriculture income as exempt income under the head other sources?

02 November 2022 * Agricultural income ,if tenant used the land for agricultural purposes.

* If not, rent is taxable to be offered under the head IFOS.

02 November 2022 Whether the assesee is liable for GST for the rent ?


02 November 2022 No. Renting or leasing of land by farmers for agriculture, forestry, fishing or animal husbandry is exempt from GST.



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