Income tax liabilities under the following incomes

Income tax Liabilities under the following incomes

Incomes from

1 Piggery Firming.

2.Dairy Farm.

3. Hatchery Unit

4. Fishery

5.Boiler bird unit

Questions:-

  1. Under what head it is liable?
  2. Is there any case reference to support your suggestions?
Replies (3)

dear abhijit,

 

they will be assessd under the head PGBP.....

 

cheers

 

ganesh agarwala

Is there any case reference to support your suggestions?

dear abhijit,

 

in indian tax laws agricultural income is not taxable. and agricultural income means income derived from land. and the above are not agricultural income. so if an assessee carrries on the business of nature as mentioned by you, it had to be assessed under PGBP

 

cheers

 

ganesh agarwala

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