Agriculture income

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 January 2015 If I have an agriculture company in India , how it will be taxed.

Also if this Company has a foreign subsidiary doing agriculture in foreign land, how it will be taxed in India?

Whether whole income will be exempt from tax?

14 January 2015 Agricultural income earned in India by company is exempted. If dividend received from foreign subsidiary doing agriculture will be taxed in India.


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