MUSHROOM FARMING INCOME
This query is : Resolved
Nitesh Battu
(Querist)
29 October 2009
Sir,
I want to inquire that Mushroom Farming Income comes under what category......... Is it an agricultural income.......... or a taxable under Income Tax Act..
Hope to get at quick & an affable feedback..
Regards
Nitesh Ba2
nitesh.ba2@icai.org
I want to inquire that Mushroom Farming Income comes under what category......... Is it an agricultural income.......... or a taxable under Income Tax Act..
Hope to get at quick & an affable feedback..
Regards
Nitesh Ba2
nitesh.ba2@icai.org
CA Kapil Aggarwal
(Expert)
30 October 2009
Agriculture income is agriculture income except the items specified as partly agricultural & partly non agricultural. Mushroom growing will also under agriculture income as no specific clarification on that.
Nitesh Battu
(Querist)
01 November 2009
Thanx .......... CA Kapil ......... Even I know dat its an agricultural income.......... Jst wanna get confirmed ............ thanx for that
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