Taxation of partnership firm engaged in agriculture producti
This query is : Resolved
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??
Is Partnership income exempted as agriculture income or treated normal income i.e. taxable income??
22 July 2013
refer sec 10(1) for details of agriculture income.
only for agriculture income is exempted.
only for agriculture income is exempted.
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