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Which of the following is agricultural income under section 2(5) of the Income-tax Act, 2025?

Section 2(5)(a) requires rent or revenue from land "situated in India" and used for agriculture. A dividend derives from shares, so the company's agricultural business does…

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Which of the following is agricultural income under section 2(5) of the Income-tax Act, 2025?

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Correct answer B

Section 2(5)(a) requires rent or revenue from land "situated in India" and used for agriculture. A dividend derives from shares, so the company's agricultural business does not make that dividend land-derived agricultural income.

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