hello, seniors and juniors.
Well since many days i m confused regarding a point of Agricultural Income. While considering the same at the time of Filing the return, should we show it as Gross Agricultural Income or Net? as far as i have learnt and understood, i believe that as the whole income is exempt income, it is immaterial whether we consider the Gross or Net Agri. Income. while filling up ITR form. i doubt i may be wrong too.. Plz help me in this way to learn the correct thing.
Arpan Nayak
CAclubindia
