Agricultural income is excluded from total income under which of the following provisions of the…

Section 11(1) of the Income-tax Act, 2025 provides that any income enumerated in Schedules II to VI is not included in total income, and Schedule II (Table: Sl. No. 1) lists 'Agricultural income' with no condition attached (formerly s.10(1) of the Income-tax Act, 1961). Section 2(5) only defines 'agricultural income' (formerly s.2(1A)); section 13 lists the heads of income; and section 12 read with Schedule VIII deals with incomes of political parties and electoral trusts. For certain non-corporate assessees, net agricultural income is still taken into account under the annual Finance Act for determining the rate of tax on their other income.