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This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 December 2018
Dear Member(s)
a clients dealing in agriculture
He has purchases potato and sold it , please suggest me this income is covered under which head .
this is agriculture income or business income.
and he has earned income from agriculture land, this income is covered under which head.
Thank
a clients dealing in agriculture
He has purchases potato and sold it , please suggest me this income is covered under which head .
this is agriculture income or business income.
and he has earned income from agriculture land, this income is covered under which head.
Thank
23 December 2018
Purchase and sale of potato is business income. Income from agricultural land from agricultural operations is agricultural income.
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