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Taxation of partnership firm engaged in agriculture producti

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22 July 2013 Sir, I want to know taxation for a Partnership firm which engaged in production of agriculture product like sugarcane, vegitables, flowers etc
Is Partnership income exempted as agriculture income or treated normal income i.e. taxable income??
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 July 2013 refer sec 10(1) for details of agriculture income.
only for agriculture income is exempted.
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