DEAR SIR
WE HAVE A PVT LTD COMPANY AND WE INTEND TO START FARMING OF SHRIMP IN PONDS. PLEASE ADVISE THE INCOME TAX LIABILITY ON THE INCOME FROM SHRIMP FARMING.
WHETHER THE SHRIMP FARMING INCOME FALLS UNDER AGRICULTURE INCOME OR NOT? PLEASE ADVISE AND ALSO QUOTE IF ANY CASE LAWS THERE.
THANKS
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