Tag Archives: Section – 2 of Income Tax Act 1961

Section 2 Income Tax Act 1961 Definition

By | April 30, 2026

Section 2 Income Tax Act 1961 Section 2 Income Tax Act 1961 Definition 2. In this Act, unless the context otherwise requires,— (1) “agricultural income” means— (a) any rent or revenue derived from land which is used for agricultural purposes and is either assessed to land revenue in India or is subject to a local rate… Read More »