https://www.taxtmi.com/forum/issue?id=120214 Agricultural income earned by an agriculturist from cultivation or similar agricultural activity on leased agricultural land is treated as agricultural income and is fully exempt, even where lease rent is paid and agricultural expenditure is incurred. The stated position assumes the income arises from genuine agriculture, such as crops cultivation or nursery activity, and that any other income in the taxpayer's hands is separately identifiable. en-us Mon, 07 Jul 2025 22:33:05 +0530 Sat, 09 May 2026 18:58:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120214 Agricultural income earned by an agriculturist from cultivation or similar agricultural activity on leased agricultural land is treated as agricultural income and is fully exempt, even where lease rent is paid and agricultural expenditure is incurred. The stated position assumes the income arises from genuine agriculture, such as crops cultivation or nursery activity, and that any other income in the taxpayer's hands is separately identifiable. Discussion-Forum Income Tax Mon, 07 Jul 2025 22:33:05 +0530 https://www.taxtmi.com/forum/issue?id=120214