Word Count : 489

---

Agricultural income is exempt from tax under Section 10(1) of the Income-tax Act, 1961. However, certain incomes are only partly agricultural and partly non-agricultural in nature. In such cases, the income must be apportioned between the agricultural and business components according to the provisions of the Income-tax Rules. The agricultural portion remains exempt from tax, while the non-agricultural portion is taxable under the head "Profits and Gains of Business or Profession." Partly agricultural income generally arises where agricultural operations are combined ______ __________ __________ ____ ______ ____ _____ ______ _____ ____ __________ _________.
______ ______ ______ ____ _______ ____.
_________ _________ ____ _______ _____ ______ ______ ________.
_____ ___ _________ ______ _______.
________ ___ ______ _________ _____ _____ ___ ______ _______ ___ ______ __________.
________ ____ ___ ______ ______ ________ _________ ______.
____ ____ ___ ___ __________ _____ _______ ____.
_______ ____ ____ _________ __________ ___.
_________ __________ _______ _____ _________ ___ ____ _________ ____ ________ _______ _______.
__________ ______ _______ ____ __________ ______ ____ _______ _______ __________.
____ ______ ___ _________ ______ _______ ____ ________ _____.
________ ___ _____ _______ ___ __________ ___ _____ _______ _______.
____ ______ _____ _________ ____ ____ ____ _____ _______ ________ ______ ________.
_________ _____ ________ _________ ___ _____ ___.
________ ______ ______ __________ __________ _________.
_________ _________ _____ ___ ___ ______ _______.
______ ___ _________ ____ ___ __________ ____.
_____ ___ _______ _________ _____ ________.
____ _____ __________ __________ _________ ___.
________ ________ ______ _______ ________ ________ _____.
______ _______ _____ ____ _________ _______.
_____ _________ ____ ____ _______ ___ ___ ______ ___.
_________ ___ _____ ________ _____ ___ _____ ____.
_____ ______ __________ ____ ________ ___.
_____ ______ ________ _____ _________ _______ ________ _______.
____ _____ _______ _____ __________ _____ ________ _______.
______ __________ ________ ______ __________.
______ ___ ___ ___ ____ __________ __________ ___ ______ _______.
___ _____ __________ ______ ____ ________ ______ __________ _____ ____.
________ _____ ___ _____ ____ ______ ____ _________ ______ ______ _______ _____.
_____ _____ __________ _______ _________ _______ ____.
____ _________ _____ ____ _________ _______ _________ ______ ________.
___ ________ ________ ________ ___ _______ ___ _____ _______.
_______ ______ _______ _____ ____ _______ ______ _______.
__________ _____ ________ _____ _________.
__________ ___ ___ __________ _______ _________ ____ ______ ___.
________ ___ ____ ___ ___.
___ _____ _______ ______ __________ ___ _________.
_______ ____ __________ ___ _____ ____.
_________ ____ ____ _______ ______ ________ _____ ______ _____ _______ _____ ________.
_______ ___ __________ _______ _______ _________ ___ ________ _______ __________.
______ ____ ____ _________ _____ _________ ___ ________ _______.
_________ _____ ____ ____ __________ _______ _______ _________ __________.
________ ______ _________ _________ _______.
________ ______ ______ _________ __________ _______ _______ _____.
________ ___ __________ _______ ________ ________ _____.
___ _______ ______ ______ __________ __________ ___ _____ _______.
________ __________ ___ __________ _____.
________ _______ _______ _____ __________ _________ __________ ________ ____ ______ _________.
___ _____ ______ _________ __________.
________ _______ _____ _________ ____ _________ _____.
Get Full Answer on WhatsApp