Tax on fishing income
This query is : Resolved
21 September 2016
What is the tax rate apllicable for fishing income from India? Is it agricultural income? Are there any special deductions available?
21 September 2016
In the case law Emperor vs Probhat Chandra Barua it was decided that income from Fisheries is not agriculture income.
Normal provisions applicable for income tax returns
Normal provisions applicable for income tax returns
21 September 2016
Thank you sir @unnikrishnan
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21 September 2016
You are most welcome
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