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Income tax

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(Querist)
23 May 2009 If the landholder gives the land to other person and receive any sum in respect of that land is that aggreculture income?
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Manikanta Raju CA,CWA,(CS)

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Manikanta Raju CA,CWA,(CS) (Expert)
23 May 2009 Yes, such income is treated as agricultural income.

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