UGC NET COMMERCE July 2018 Q95
0. Which one of the following is agricultural income under the Income Tax Act, 1961?
- A
Interest on arrears of rent in respect of agricultural land.
- B
Interest received by a money-lender in the form of agricultural produce.
- C
Income from sale of trees of forest which are of spontaneous growth and in relation to which forestry operations alone are performed.
- D
Interest on capital received by a partner from the firm engaged in agricultural operations.
