Agri income for computing limit of 50 lacs

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....gri income for computing limit of 50 lacs<br> Query (Issue) Started By: - Ramakrishna Nune Dated:- 31-5-2016 Last Reply Date:- 31-5-2016 Income Tax<br>Got 2 Replies<br>Income Tax<br>Whether agricultu....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....re income is to be included while calculating limit of &#8377; 50 lacs for disclosure of assets of individual. Thanks in advance Reply By Ganeshan Kalyani: The Reply: Sir, in my view it is to be inc....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....luded. Though the income is exempt it is disclosed in the income tax return as a disclosure effect. Similarly it should be considered for the purpose of disclosure of asset. Thanks. Reply By Ganesha....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n Kalyani: The Reply: Sir I welcome views of expert colleague as well in this regard. Thanks.<br> Discussion Forum - Knowledge Sharing ....