MUSHROOM FARMING INCOME

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Nitesh Battu (Querist)
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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

CA Kapil Aggarwal

CA Kapil Aggarwal (Expert)
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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

Nitesh Battu (Querist)
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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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