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Agricultural income and section 44ab

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10 September 2018 One of my client have Business Receipts (Dairy Farm) of Rs. 186,78,300/- & Agricultural Receipts of Rs. 47,64,300/-. Total Turnover Rs. 2,34,42,600/-.
Whether Section 44AB applicable to him?

10 September 2018 Opt 44AD for dairy farm business 44AB not applicable.

11 September 2018 Can you Please tell me, why agricultural turnover not to be included in total turnover for Audit u/s 44AB? Is there any case law or other supporting?
Please reply.


11 September 2018 Agricultural income is not business income hence not included in 44AB turnover.



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