Vermicomposed fertilizer is exempt from income tax or not?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 September 2012
Dear Sir/Madam,
I am making Vermicomposed Fertilized from purchasing cow dunk & sold it in the local market.
Is the Income from this is exempt from Income tax or is it taxable.
Please provide the reference for the same too.
Will be waiting for the ans ASAP.
Thanks & Regards
Waquar Ahmad Afaque
I am making Vermicomposed Fertilized from purchasing cow dunk & sold it in the local market.
Is the Income from this is exempt from Income tax or is it taxable.
Please provide the reference for the same too.
Will be waiting for the ans ASAP.
Thanks & Regards
Waquar Ahmad Afaque
01 September 2012
It is very much TAXABLE.
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