Company having only agriculture income.
This query is : Resolved
30 September 2015
Hi Everyone
I have a query.
Suppose A ONE PERSON COMPANY is doing business of agriculture , all the income generated to the company are from agriculture business only.
such INCOME is taxable or not ?
pls provide me your valuable guidance.
thank u.
30 September 2015
It is agricultural income if it is not rubber or tea cultivation.
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