Agricultural Income-tax Act, 1957 Section 8 - Bare Act

8. Assessment of agricultural income in regard to tea,¹[coffee and rubber]

In the case of cultivation and manufacture of tea,¹[coffee and rubber] the agricultural income for the purposes of this Act shall be deemed to be that portion of the income from cultivation, manufacture and sale computed under the²[Income-tax Act, 1961 (Central act 43 of 1961)] which is excluded from taxation under that Act as being agricultural income, after deducting from the said portion any allowance authorized by this Act in so far as the same has not been allowed in the computation of the income for the purposes of the²[Income-tax Act, 1961 (Central Act 43 of 1961)]

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1. Inserted by Act 7 of 2003 w.e.f. 1.4.2002

2. Substituted by Act 29 of 1976 w.e.f. 1.4.1975