is raw milk agriculture income??
CA Rupal Patel (CA) (48 Points)
23 November 2016i wanted to know that, raw milk from cow and buffalo is agri income or not??? is it taxable?
nd profit on sell of such animal is taxable or not?
CA Rupal Patel (CA) (48 Points)
23 November 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160898 Points)
Replied 24 November 2016
No. (unless in smaller amount, being part and parcel of any other agricultural activity)
Both Taxable