Should “agricultural income” be redefined more clearly?

It may be surprising to note that “agricultural income” which is defined in section 2 (IA) of the Income-tax Act (the Act) has given rise to controversy with regard to interpretation of the definition itself.It may be surprising to note that “agricultural income” which is defined in section 2 (IA) of the Income-tax Act (the Act) has given rise to controversy with regard to interpretation of the definition itself.taxmann.com Latest ArticlesRead More

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