21 May 2015
Even though income from dairy farm does not fall in category of agricultural income , thus it is taxable income. but I want to know if a dairy farm has earned income by sale of raw/ unprocessed milk only( sale of milk to customers),instad of processed milk then also such income is taxable or not.
21 May 2015
Sale of milk to customers directly is taxable.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
21 May 2015
thank u seetharaman ram. sir, can u please tell me accordinng to which section of income tax it is taxable. I mean , where can i find it written