Start learning →

Income from saplings grown in a nursery is treated as what?

ACapital gains income
BAgricultural income
CHouse property income
DIncome from salary
Answer & Solution
Correct answer: B. Agricultural income
Income derived from saplings or seedlings grown in a nursery falls within the definition of agricultural income.
Practise this question with Quill — CA Final →

Keep practising Basic Concepts

Browse all Basic Concepts questions for CA Final, or explore more Taxation topics.

Start a Basic Concepts lesson →
Related questions