If person supplying water to the land for the purpose of-11059
If person supplying water to the land for the purpose of growing r and he charged money from the cultivator against the water supp What will be the tax treatment of such income?
This multiple choice question (MCQ) is related to the book/course vu fin623 Taxation Management. It can also be found in vu fin623 Final Term - Quiz No.2.
If person supplying water to the land for the purpose of growing r and he charged money from the cultivator against the water supp What will be the tax treatment of such income?
Exempt as Agriculture Income
Allowed Reduction in tax rate
Allowed reduction in tax liability
Taxable as Non-Agriculture Income