Which of the following additional incomes will not be treated as agricultural income under the Income-tax Act, 1961

CS Executive · Tax Laws and Practice · PYQS · June 2015
Which of the following additional incomes will not be treated as agricultural income under the Income-tax Act, 1961
(A) Additional income from selling ginned cotton as compared to unginned cotton
(B) Additional income from selling dried-up coffee as compared to raw coffee
(C) Additional income from selling cured tobacco as compared to green tobacco leaves
(D) Additional income from selling dried-up tea leaves as compared to raw tea leaves.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax

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