If an individual has a agricultual oncome for the year 2,75,000 and he has a salary income of Rs.5 lakh. My question is whether his agricultural income is taxable or not?
2 Replies
Avtar Singh
(363 Points)
Replied 16 July 2019
Though agri. income is exempt but it increases tax liability. plese be updated. If you want tax liability calculation mention the exact figures.
Mehul porwal
(266 Points)
Replied 16 July 2019
For salaried individual this income can be shown in separate column for exempt income(u/s 10) in ITR-1. It will not be taxable.
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