PQR Pvt Ltd earned ₹ 15,00,000 for the year ended 31.03.2024 from sale of Coffee from growing and curing in India. How much income will be chargeable to tax as Agricultural Income in this case ?
CS Executive · Tax Laws · PYQS · December 2024
PQR Pvt Ltd earned ₹ 15,00,000 for the year ended 31.03.2024 from sale of Coffee from growing and curing in India. How much income will be chargeable to tax as Agricultural Income in this case ?
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax Act
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