Tax treatement of Agriculture income

[vaibhav sharma]

Respected sir

Please tell me about provision under income tax of tax treatment of agriculture income of a company.

If a company fully of partially engaged in agriculture activities. then how tax will be calculate ?

and if it hold a agriculture land having ownership , is lease rent will be liable to tax or not ?

AI Summary

Seeking Clarity on Tax Treatment for Companies with Agricultural Income and Lease Rent from Owned Land A participant inquired about the tax treatment of agricultural income for a company involved partially or fully in agricultural activities. They sought clarification on how taxes are calculated in such cases and whether lease rent from owned agricultural land is taxable.