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Agricultural income regarding..
Is Poultry farming /cattle farming at large scale come under agricultural income or professional income.... If yes than what kind of criteria define it to be agricultural or professional income..
Replies (9)
It is not agriculture income as per sec 10(1).
It is considered as business income.
Could you please explain it...
yes i agree
Please refer this link
https://www.indiafilings.com/learn/agricultural-income-tax-treatment/
https://www.indiafilings.com/learn/agricultural-income-tax-treatment/
it is not agriculture income 10(1)
Okay if it's not come under agricultural income than what kind of Income is it.. Professional or else which...
Okay if it's not come under agricultural income than what kind of Income is it.. Professional or else which...
It's business income and will be covered under head profits and gains of business and profession in income tax.
it is business income of services sector other.
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