Hello,
i am from karnataka i am planning to enter into a partnership to carryout agricultural activities in karnataka itself i wanted to know if the income derived from the above activity is total exempted from tax?? we are planning to grow pomogrante in the agricultural land
is there any ceiling for maximum area which can be cultivated as per law ??
i have income from other business around 15 lakhs. so please let me know if i can get in partnership and whether the income derived is tax exempted
Thank you
