As per Explanation 3 to Section 2(1 A) income derived from saplings or seedlings grown in a nursery would be deemed to be agricultural income :
A. Whether or not the basic operations were carried out on land.
B. If some basic operations are carried out on land before transplanting the saplings.
C. If some basic operations like cultivating etc. is performed on land.
D. Income derived from saplings or seedlings grown in a nursery would be deemed to be agricultural income.
Answer:A
As per Explanation 3 to Section 2(1 A) income derived from saplings or seedlings grown in a nursery would be deemed to be agricultural income :
A. Whether or not the basic operations were carried out on land. B. If some basic operations are carried out on land before transplanting the saplings. C. If some basic operations like cultivating etc. is performed on land. D. Income derived from saplings or seedlings grown in a nursery would be deemed to be agricultural income.