Green-Wood Plantation Ltd. is engaged in the cultivation and processing of Tea. Their net income during AY 2021-22 is to the tune of ₹ 20 Lakh. What proportion out of the income of ₹ 20 lakh would be treated as agriculture income?

Question:Green-Wood Plantation Ltd. is engaged in the cultivation and processing of Tea. Their net income during AY 2021-22 is to the tune of ₹ 20 Lakh. What proportion out of the income of ₹ 20 lakh would be treated as agriculture income?

1.10%

2. 25%

3. 40%

4. 60%


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