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What part of agriculture producewas to deposited as a tax1.one third ( )2.one - fourth ( )3.One - Sixth ( )4.one - half ( ) |
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Answer» Answer: Agricultural income is not taxable under SECTION 10 (1) of the Income Tax Act as it is not counted as a part of an individual's total income. However, the state government can levy tax on agricultural income if the amount exceeds RS. 5,000 PER year. Explanation: PLEASE mark me as brainliest |
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