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Commerce · Q103

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 103

Q103

Which of the following is/are agricultural income? 1. Income from growing flowers and creepers. 2. Income from dairy farming. 3. Rent for agricultural land received from sub-tenants by mortgagee in possession. Select the correct answer using the options given below

A.
Only 1
B.
Both 1 and 3
Answer
C.
Both 2 and 3
D.
All of the above

Answer: Option B

Solution

Answer: Option B
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