Agri + business income
This query is : Resolved
PANDIAN BRIGHT
(Querist)
18 March 2018
I NEED TO KNOW WHETHER THE AGRI INCOME ALSO DISCLOSED IN P&L AND B/S OR NOT? IF YES, PLEASE CLARIFY HOW TO DEALT WITH THIS.
CA R SEETHARAMAN
(Expert)
18 March 2018
No need to disclose agricultural income in p and l and balance sheet
18 March 2018
Yes.. I agreed to Mr CA R SEETHARAMAN Sir...
No need to disclose the agri income in the BS and PandL account...
In case of You are disclosed the agri income in Your BS and PandL then You ll be show details as "Exempted income including PandL" in Computation...
PANDIAN BRIGHT
(Querist)
19 March 2018
Thanks for your reply sir
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