Easy Office
Easy Office

agriculture income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 July 2009 sir
from when onwards agriculture income set off from tax?
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
27 July 2009 The question is not clear.
However, in case you want to know when Agriculture Income is required to be added with non agriculture income, please note that Agriculture Income is added only for rate purpose when-
1. Your Other Income is Taxable and
2. Agriculture Income exceeds Rs 5000/-

If Ag. Income is Rs 5000 or less it is not required to be addded.

Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
27 July 2009 The question is not clear.
However, in case you want to know when Agriculture Income is required to be added with non agriculture income, please note that Agriculture Income is added only for rate purpose when-
1. Your Other Income is Taxable and
2. Agriculture Income exceeds Rs 5000/-

If Ag. Income is Rs 5000 or less it is not required to be addded.

Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links