Taxman smells a scam in dubious agricultural income declaration
- Posted on March 6, 2025
- By Business News Today
- 6 Views

Taxman smells a scam in dubious agricultural income declaration

A nationwide probe by the income tax department is investigating entities declaring agricultural income of ₹50 lakh or more without owning any land. Cases of unrealistic farm income per acre are also being scrutinized for tax evasion, with potential penalties for wrongful claims.