Agriculture income

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 December 2018 IF THE ASSESSEE GET A LAND LEASED AND THE LAND HAS COCONUT TREES AND MANGO TREES AND DURING THE YEAR HE CARRIES SOME ACTIVITIES SUCH AS PLOGHING AND FERTILIZING. LATER HE SOLD THE PRODUCE AND IS THE INCOME DERIVED FROM SUCH SALE - AN AGRICULTURAL INCOME OR BUSINESS INCOME?????

27 December 2018 It's only agricultural income.

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 December 2018 ON WHAT BASIS SIR THAT IT IS AGRICULTURAL INCOME?

28 December 2018 DURING THE YEAR HE CARRIES SOME ACTIVITIES SUCH AS PLOGHING AND FERTILIZING


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