Poultry form tax treatment

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This query is : Resolved

Querist : Anonymous

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....

Amol S Joglekar

Amol S Joglekar (Expert)
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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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