Income tax on tissue culture

Dear Prasad

yes it comes under agriculture income itself

Income from sale of plant saplings is Tax-free. Read budget speech last year of FM goi

Explanation 3 of Sec 2 (1A) Any income derived from Saplings or seedlings grown in a NURSERY is deemed to be aggricultue income.

A nursery may own a laboratory.

It should be exempt but lets see what others say.

thank u for your information

Dear rajesh.

Thank you for you information let me known some more detail.

Ya sure brother ...