Green Wood Plantation Ltd. is engaged in cultivation and processing of Tea. Their net income during A.Y. 2021-22 is to the tune of ₹ 20 Lakhs. What proportion out of the income of ₹ 20 Lakhs would be treated as agriculture income?
A. 10%
B. 25%
C. 40%
D. 60%
Answer:D
Green Wood Plantation Ltd. is engaged in cultivation and processing of Tea. Their net income during A.Y. 2021-22 is to the tune of ₹ 20 Lakhs. What proportion out of the income of ₹ 20 Lakhs would be treated as agriculture income?
A. 10% B. 25% C. 40% D. 60%