return for agr income

This query is : Resolved 

28 July 2008 a person is having only agricultural income of 5,00,000 and no other income

should he file return

28 July 2008 No. Agricultural income is to be included in case the person, Indvidual, huf, boi has non agricultural income exceeding basic exemption limit and agricultural income exceeding Rs 5000

28 July 2008 Since as per IT person having taxable income are reqd to submit the return so if the person has only agr income which is non taxable then he is not required to file the return




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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries