Agriculture income

This query is : Resolved

Querist : Anonymous

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...

Nikhil Kaushik

Nikhil Kaushik (Expert)
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14 December 2013 no it doesn't. it comes under poultry and is not exempt from tax.

Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2013 Sir,

Both are non-agricultural??

Nikhil Kaushik

Nikhil Kaushik (Expert)
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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.

Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2013 Sir,

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

Nikhil Kaushik

Nikhil Kaushik (Expert)
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14 December 2013 no. then u cannot claim any exemption.

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Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2013
thank you Sir....

Nikhil Kaushik

Nikhil Kaushik (Expert)
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