Tax Alert: Agricultural Income May Be Taxed Differently if Land Shows No Agricultural Intent or Use Indicators.

Tax Alert: Agricultural Income May Be Taxed Differently if Land Shows No Agricultural Intent or Use Indicators. https://www.taxtmi.com/highlights?id=31093 Taxing Agricultural Income as "Income from other sources" - if there is neither anything in its condition, nor anything in the evidence to indicate the intention of its owners or possessors so as to connect it with an agricultural purpose, the land could not be ''agricultural land''. - AT en-us Wed, 07 Sep 2016 11:42:25 +0530 Wed, 07 Sep 2016 11:42:25 +0530 TaxTMI RSS Generator Tax Alert: Agricultural Income May Be Taxed Differently if Land Shows No Agricultural Intent or Use Indicators. https://www.taxtmi.com/highlights?id=31093 Taxing Agricultural Income as "Income from other sources" - if there is neither anything in its condition, nor anything in the evidence to indicate the intention of its owners or possessors so as to connect it with an agricultural purpose, the land could not be ''agricultural land''. - AT Highlights Income Tax Wed, 07 Sep 2016 11:42:25 +0530 https://www.taxtmi.com/highlights?id=31093