Sale of safeda tree is taxable or exempted?
This query is : Resolved
30 July 2012
Is the sale of safeda tree from agriculture land is exempted or not??? give reasons....
30 July 2012
Any processing to make it marketable will always make it taxable.
31 July 2012
Sir, Please explain if the assessee sell its safeda tree from its agriculture land it is his agriculture income or not????????
31 July 2012
Safeda Tree itself can not be said as an agriculture produce as the necessary agriculture operations are not required to maintain and growing it up. It spontaneously
grows up. So, in my view the income derived from Sale of Tree is taxable.
.
grows up. So, in my view the income derived from Sale of Tree is taxable.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 270A penalty
- GST Registration Application -Rejected
- GSTR 1- Amend Credit Note
- GSTR 9C- Table 9
- Tax liability on gift amount given to blood relation
- International transfer pricing- -> father entity vs son entity ->WHERE NO mutual say in management
- Query on solved queries
- Reimbursement of expense- GST applicable or not
- Acting as an Agent
- Gst registration rule 14A
- Problem in filing Returns for International workers in EPFO
- Clarification for reversal of IGST on transfer of duty-free imported goods from EOU to DTA unit
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
