Tag Archives: Agriculture income

CBDT to verify Agriculture income above Rs 1 Crore

SECTION 2(1A) OF THE INCOME-TAX ACT, 1961 AGRICULTURAL INCOME  VERIFICATION OF GENUINENESS OF AGRICULTURAL INCOME SHOWN IN INCOME TAX RETURN BY ASSESSEES FOR ASSESSMENT YEARS 2011-12 TO 2013-14 LETTER F.NO.DGIT(S)/DIT(S)-3/AST/PIL MATTER/AGRICULTURAL INCOME/97/2015-16, DATED 10-3-2016 Kindly refer to subject matter. 2. It has been noticed that several assesses have declared income from agriculture of more than Rs.… Read More »