Poultry form tax treatment


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Querist : Anonymous

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Querist : Anonymous (Querist)
05 August 2012 I want to know how to maintain books of account of poultry farm ? do its required audit also ? or if it exempted from VAT then do it is count as purchase sales records or just count the profit from it ?

query is really confusing me so kindly all experts to reply even for single line or minimum one query reply


thanks....

05 August 2012 Like any other business. The tax audit limits are also same. There are many forms of poultry farming..... Are they hatching. or they are buying the birds... say 1 day old 1 month old .... please clarify.


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