If the assessee is engaged in the business of growing and manufacturing tea in India, the agriculture…

Under Rule 8 of the Income-tax Rules, 1962, where an assessee is engaged in the composite business of growing and manufacturing tea in India, the total income is computed as if it were business income and then apportioned: 60% of the income of such business is treated as exempt agricultural income, while the remaining 40% is chargeable to central income tax as business income.