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arregation formula agr inc.............

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(Querist)
28 July 2008 agregation formula is applicable if total agriculturalinc is >5,000

so if agricultural income is less than 5,000

how to calculate tax ---it is totally exempt/totally taxable?
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CA Anand Sarda

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CA Anand Sarda (Expert)
28 July 2008 If agriculture income is less than 5000 then dont add to the GTI.

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