A person run a fruit processing unit as well as he the proprietor of such firm and a farmer too and he doesn't have a proper books of accounts, because he started his business in last sixth months of the previous year. For started his business he also have took term loan and working capital loan (CC limit) from Bank. Now, bank demanding him balance sheets of his firm and ITR too. His gross Income from Business is near about 4 lakh and income from agricultural is 8 lakh. Now coming to the main points which detail given below;
1.What ITR he would have to file.
2.Can he treat all Income of Fruit processing unit as agricultural Income.
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