https://www.taxtmi.com/acts?id=50005 The amendment treats any rent or revenue derived from land situated in India and used for agricultural purposes as agricultural income and specifies that appurtenant buildings qualify only if they are on or in the immediate vicinity of the land, required by the cultivator or receiver as dwelling/store/out building, and the land is assessed to land revenue or subject to a local rate, or, if not so assessed, is not located within defined municipal limits or within a distance the Central Government may notify. en-us Mon, 03 Mar 2025 14:36:19 +0530 Mon, 03 Mar 2025 14:36:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50005 The amendment treats any rent or revenue derived from land situated in India and used for agricultural purposes as agricultural income and specifies that appurtenant buildings qualify only if they are on or in the immediate vicinity of the land, required by the cultivator or receiver as dwelling/store/out building, and the land is assessed to land revenue or subject to a local rate, or, if not so assessed, is not located within defined municipal limits or within a distance the Central Government may notify. Act-Rules F. Acts / Amendment Acts Mon, 03 Mar 2025 14:36:19 +0530 https://www.taxtmi.com/acts?id=50005