Income from dairy udhyog

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26 Points Posted on 27 May 2014
dairy income is taxable or not???
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On 27 May 2014 at 12:40 Report
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CA-Final
105 Points Posted on 27 May 2014

Income from  agriculture including dairy farming is exempt.
However, Profit earned on sale of milk to society is a taxable income.

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On 27 May 2014 at 12:45
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26 Points Posted on 27 May 2014
Not society but in amul dairy
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On 27 May 2014 at 12:48
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CA-Final
105 Points Posted on 27 May 2014

Taxable since AMUL is cooperative.

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On 27 May 2014 at 13:04

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