Providing service of agricultural equipments such as tractor, harvester etc. to farmer can be assume as Income from agriculture..
Which ITR to file and where to show this along with EI..
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income from agricultural equipments on rent
Replies (4)
this is not agricultural income...
No, providing services of agricultural equipment can not be treated as agricultural income
this will be treated like business income and hence taxable
this will be treated like business income and hence taxable
Yes... I agreed to above said Replies By Mr. Rama Krishnan and Mrs Vaishali Jain...
The above said equipments related activities can't be treated as Agriculture Income...
So,
No way for declare under agri income. Better to Show under PGBP...
The above said equipments related activities can't be treated as Agriculture Income...
So,
No way for declare under agri income. Better to Show under PGBP...
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