The reason for totally exempting agricultural income from the scope of Income-tax is :
A. To encourage the agriculture industry.
B. Since there is not much profit in agriculture.
C. To encourage the primary sector.
D. under the Constitution, the Central Government has no power to levy a tax on agricultural income
Answer:D
The reason for totally exempting agricultural income from the scope of Income-tax is :
A. To encourage the agriculture industry. B. Since there is not much profit in agriculture. C. To encourage the primary sector. D. under the Constitution, the Central Government has no power to levy a tax on agricultural income