Agricultural income is not taxable. However, if you have non-agricultural income too, then while calculating tax on non-agricultural income, your agricultural income will be taken into account for rate purpose. For meaning of Agricultural Income refer section 2(IA) of the Income-tax Act.
Under income tax law is income from animal husbandry considered as agricultural income ?
Ans: No
Under income tax law is income from animal husbandry considered as agricultural income ?
Ans: No
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