return to news
  1. Upstox
    /
  2. News
    /
  3. Personal Finance News
    /
  4. Tax
    /
  5. I received agricultural income from my HUF. Do I need to disclose it in my ITR?

Personal Finance News

I received agricultural income from my HUF. Do I need to disclose it in my ITR?

balwant jain
By Balwant Jain

3 min read | Updated on September 21, 2026, 07:40 IST

Google
SelectUpstoxas yourPreferred news source
Copy link
Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Received agricultural income from your HUF? Understand whether you need to disclose it in your ITR and whether it can affect your tax liability.

agricultural income from my HUF

In case the agricultural income represents the income from the property jointly owned by you with your family members, it represents your income and the same needs to be included in your taxable income for rate purpose.

Agricultural income often comes with a little confusion when it comes to filing your income-tax return. While such income is generally exempt from tax, whether you need to disclose it, and whether it can have any impact on the tax payable on your other income, depends on how the agricultural income is received. This distinction becomes important when agricultural income is received from ancestral property or through an HUF.

Open FREE Demat Account within minutes!
Join now

Today's Q&A explains such details in response to a query by a reader.

Question: I am a trader having taxable income of around ₹15 lakh. I have also received ₹2 lakh as my share of agricultural income from ancestral agricultural land. Do I have to disclose this in my ITR? Will it enhance my overall tax liability?
Answer: It seems that the share of agricultural income received by you is your share of distributed of agricultural income of the HUF of which you are a member.
As this is just a distribution of income by the HUF to its members, this is exempt under Section 10 of the Income Tax Act, 1961 which is applicable for and upto the financial year 2025-2026.

Since this is an exempt income you do not have to include this in your overall income. Though this is not taxable, you still have to disclose the same in the schedule EI (exempt income) of ITR.

In case the agricultural income represents the income from the property jointly owned by you with your family members, it represents your income and the same needs to be included in your taxable income for rate purpose. Even though the agricultural income is fully exempt under Section 10(1), it is required to be included in your total income for the rate purpose.

This inclusion of agricultural income with your regular income will effectively increase the effective average rate of tax applicable on your regular taxable income of ₹15 lakh.

In both the situations the same should be disclosed in the schedule EI (Exempt Income).

**Have a personal finance, mutual fund, or income tax query? We will try to get them answered by experts. Write to sangeeta.ojha@rksv.in **
For all personal finance updates, visit here
Disclaimer: The views and opinions expressed above are those of respective experts/commentators and do not reflect the views of Upstox. The above Q&A is only for informational purposes and should not be considered investment or tax advice from Upstox. Please consult a tax expert for your complex tax problems.

About The Author

balwant jain
Balwant Jain is a Mumbai-based tax and investment expert.

Next Story