Question
Partial Integration of Agricultural and Non-Agricultural Income.
Answer :
Word Count : 240
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Skip in 10
Partial integration of agricultural and non-agricultural income is a unique concept under the Income Tax Act, 1961, which applies in specific cases where an assessee earns both types of income. Agricultural income itself is exempt from tax under section 10(1). However, in order to prevent misuse of this exemption and to ensure equity,
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