News & Media 31st Oct 2023

What is agricultural income, different types of agricultural income?

Authors

Rahul CharkhaPartner | Pune

Latest Thought Leadership

Investment Funds
Alerts & Updates 24th Apr 2026

SEBI’s Informal Guidance on AMC Net Worth Structure and Sponsor Eligibility

Read More
Investment Funds
Alerts & Updates 23rd Apr 2026

IFSCA’s New Pension Fund Regulations – A Brief Summary and Analysis

Read More
TAX
Alerts & Updates 22nd Apr 2026

Recent Developments in Direct & Indirect Tax

Read More
Podcasts 22nd Apr 2026

ELP Podcast Series: Grievance Redressal Under the DPDP Act: Looking beyond the checkbox

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.