Agriculture income tax treatment

[Asked by Guest]

Dear sir

please tell about provisions, if a individual having leasehold land and have have agriculture income from it, is it taxable or not.when he don't have ownership

AI Summary

Agricultural income exempt despite leasehold; may be included with taxable income for rate calculation under specified conditions.
Agricultural income from leasehold land is exempt despite lack of ownership; the central test is whether receipts qualify as agricultural income. Exempt agricultural income may nevertheless be added to taxable income for determining applicable tax rates, subject to the conditions governing such inclusion.