Income derived from sale of coffee grown, cured, roasted and grounded in India as per Rule 7B (1A) of Income Tax Rules shall be treated both as agricultural income and business income in the ratio of ______ of such incom
CS Executive · Tax Laws and Practice · PYQS · December 2020
Income derived from sale of coffee grown, cured, roasted and grounded in India as per Rule 7B (1A) of Income Tax Rules shall be treated both as agricultural income and business income in the ratio of ______ of such income.
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Agricultural Income
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