04 December 2021
SIR, one of the it assessee agrilculture income rs:2,80,115/- and agrilculture expenses rs :110000/- showing in books. Question: 1.Agrilculture expenses claimed allowed any limit applicable in it act and expenses debited to agrilculture income account correct procedure. 2.above transactions agrilculture income rs:2,80,115/- or rs: 170115/- showing in it act.
05 December 2021
sir, agriculture income rs:2,80,115/- amount through on bank account .my doubt agriculture income credited by capital account or p&l account correct procedure.
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