Cash from forest tree
Rajat Sharma (467 Points)
08 September 2023Rajat Sharma (467 Points)
08 September 2023
Suresh Kumar
(Account)
(403 Points)
Replied 08 September 2023
If you will deposit the said Amount in your current account, it will be considered as 'Income from other Sources' until you don't audit ur accounts under section 44 AB.
Sales of trees will not be considered as exempted Income like agriculture income
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