News & Media 31st Oct 2023

What is agricultural income, different types of agricultural income?

Authors

Rahul CharkhaPartner | Pune

Latest Thought Leadership

Alerts & Updates 15th May 2026

Processing employee-related data: Where are the potential boundaries?

Read More
Newsletter/Booklets 11th May 2026

Recent Developments in Direct & Indirect Tax

Read More
international trades
Newsletter/Booklets 8th May 2026

Trade Newsletter: April 2026

Read More
Alerts & Updates 7th May 2026

Clarification on Registration Requirements under the OSHWC Code, 2020 vis-à-vis the Maharashtra Shops and Establishments Act, 2017

Read More

Agricultural income is exempted from tax under the Income-tax Act, 1961. It is important to note that income from allied agricultural activities like poultry farming, wool rearing, etc. are not considered agricultural income. Hence, tax may be levied on incomes from such activities. However, many states levy a tax on agricultural income as per their respective State’s policy.

The latest article “ What is agricultural income, different types of agricultural income?” published by The Economic Times sheds light on agricultural income, where our Partner Rahul Charkha shares his views on the same.

Read the article here

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.