Agricultural income includes income from saplings and seedlings grown in nurseries under income tax rules. Income derived from saplings or seedlings produced in a nursery is treated as agricultural income under the income tax framework, per FAQ guidance referencing Section 2(1A) and Rule 7; receipts from cultivating and selling nursery-grown saplings or seedlings are characterised as agricultural receipts for tax purposes.
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Provisions expressly mentioned in the judgment/order text.
Agricultural income includes income from saplings and seedlings grown in nurseries under income tax rules.
Income derived from saplings or seedlings produced in a nursery is treated as agricultural income under the income tax framework, per FAQ guidance referencing Section 2(1A) and Rule 7; receipts from cultivating and selling nursery-grown saplings or seedlings are characterised as agricultural receipts for tax purposes.
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