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Changes in Outstanding Expenses

India does no...

Question

India does not tax agricultural income

A

True

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B

False

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Solution

The correct option is A True

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Q. In India, a tax on agricultural income can be levied by _______.

Q. Which of the following statements are positive statements?
(i) India is overpopulated.
(ii) Agricultural income should be taxed.
(iii) Service-class people should be exempted from income tax.
(iv) There is tremendous tax evasion in India.

Q. Which one of the following agencies assigns the Agricultural Income Tax to states in India?

Q. As per Constitution of India, the power to levy tax on agricultural income lies with the _______.

Q. Which of the following can levy the tax on Agricultural income under the Constitution of India ?

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Changes in Outstanding Expenses

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