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Asked by Pankaj on :Jun. 21, 2018

Is it taxable if agriculture operation is carried…

Is it taxable if agriculture operation is carried on urban land?

Is it taxable if agriculture operation is carried on urban land?

0

Jeeba Jun. 21, 2018

No matter whether the land is urban or rural agricultural land. If agricultural operations are carried out on land the income derived from sale of such agricultural produce shall be treated as agricultural income and will be exempt from tax.

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