What if Agricultural Land is in name of Father but agricultural income are being deposited directly into the bank account of Son. Can Son in his income tax return show Agricultural Income though he has no agricultural land in his name ???
Let Say total agricultural income is 5,00,000 p.a. and 2,00,000 is being kept by Father and balance 3,00,000 is distributed directly to his two son equally.
Father is not filing his income tax return.
Can Son show this agricultural income in his return. Though he has no Land in his name?
CAclubindia
