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Commerce · Q458

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 458

Q458

Agricultural income of a taxpayer shall be added to his non-agricultural income only if

A.
The agricultural income of the taxpayer is more than Rs. 5,000
B.
When the agricultural income of the taxpayer is Rs. 600 and the non-agricultural income is Rs. 50,000
C.
Non-agricultural income of the taxpayer exceeds Rs. 50,000
D.
The agricultural income of the taxpayer is more than Rs. 5,000 an the non-agricultural income is more than the minimum limit of taxable income
Answer

Answer: Option D

Solution

Answer: Option D
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