Which of the following incomes is generally not taxable? Answer areaIncome tax Capital gain Agricultural incomeBusiness and Professional
Question
Solution 1
Agricultural income is generally not taxable. This is because under Section 10(1) of the Income Tax Act, agricultural income is exempted from taxation. However, it's important to note that this is subject to certain conditions and may vary depending on the country's specific tax laws. Always consult Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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