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AGRICULTURE INCOME BY PARTNERSHIP FIRM

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(Querist)
07 September 2023 2 persons having agriculture land, made partnership firm by contributing their agriculture land in partnership firm and shown agriculture income in partnership firm, whether agriculture income earned by partnership firm is exempted ??
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 September 2023 Yes, it's exempted....

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