AGRI INcome..!!
This query is : Resolved
23 April 2009
Here is a query on AGRI INCOME of Corporate..!!
Please advise the status of AgRI income earned by Corporates...!!
a) If it is exempted.. (the company can convert its unaccounted money showing it as agri income there by claim income exemption)
b) If not, Why should the Department is bias in giving the provisions.
Let us have the coments (from experts please)
Please advise the status of AgRI income earned by Corporates...!!
a) If it is exempted.. (the company can convert its unaccounted money showing it as agri income there by claim income exemption)
b) If not, Why should the Department is bias in giving the provisions.
Let us have the coments (from experts please)
Brij Bhushan Sangal
(Expert)
24 April 2009
agricultural income is exempt for all. shown in exempt income colume and treat as per IT provisions for agri. income.
Ca. Rajesh Dhama
(Expert)
24 April 2009
i am agree with mr brij
24 April 2009
Vow.!
The Corporates can
convert the black into white..!!
(showing it as agri income)
or
convert income into loss ..!!
(loss on agri..)
Hats offf!! to Ministry of Finance.
The Corporates can
convert the black into white..!!
(showing it as agri income)
or
convert income into loss ..!!
(loss on agri..)
Hats offf!! to Ministry of Finance.
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