Answers On Topic: agricultural activities
  Exemption claiming on Agriculture Income on Lease Agriculture Land
sir, Mr. A  is  Agriculturist and he is doing Agriculture Activity on Lease agriculture land. Mr. A  is paid Lease Rent to Landowners and also incurred huge Agricultural Expenses. In this situation Mr. A  will going to claim Exemption of Net  Agriculture Income for the year under consideration.  Mr. A  is earned handsome Agriculture Income. Please note that major income is Agriculture Income out of Total income.


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