Agriculture income

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 December 2013 Hii all,

A business comprises of selling of chicken feeds and chickens after they have grown up. Does it comprise of Agriculture Income?? Pls guide...

14 December 2013 no it doesn't. it comes under poultry and is not exempt from tax.

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 December 2013 Sir,

Both are non-agricultural??

14 December 2013 depends on what constitute the feed. is the feed grown on an agricultural land?? If yes, then it would constitute agriculture income.

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 December 2013 Sir,

I am purchasing feed grown on agricultural land and selling them...

14 December 2013 no. then u cannot claim any exemption.

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 December 2013
thank you Sir....

14 December 2013 you are welcome.


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