Prominent people hiding taxable income as farm earnings: Jaitley

NEW DELHI, March 15: The government has been probing the cases of some “prominent people” hiding their taxable income as agricultural earnings, but there is no proposal for taxing the farmers, Fince Minister Arun Jaitley said in the Rajya Sabha on Tuesday. His statement came after members expressed concern over the issue, citing a report that the Central Board of Direct Taxes (CBDT) has now been inquiring into the genuineness of farm income claims exceeding Rs.1 crore made by people in their income tax (I-T) returns. (IANS)