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Interesting query relating to agriculture income

Page no : 2

Arshpreet (Student CA Final ) (24 Points)
Replied 26 December 2015

it is not Rent or Revenue derived frim Land. It is not income from farm house. Also it does not fall under Income from Agricultural Operations or activities making Produce fit for market. Therefore it can't be classified as Agricultural Income. Although in Sevice tax it does fall under Agricultural Operations i.e rearing of Aninals fir Fuel Food and Fibre


Arshpreet (Student CA Final ) (24 Points)
Replied 26 December 2015

it is not Rent or Revenue derived frim Land. It is not income from farm house. Also it does not fall under Income from Agricultural Operations or activities making Produce fit for market. Therefore it can't be classified as Agricultural Income. Although in Sevice tax it does fall under Agricultural Operations i.e rearing of Animals for Fuel Food and Fibre

Arshpreet (Student CA Final ) (24 Points)
Replied 26 December 2015

it is not Rent or Revenue derived frim Land. It is not income from farm house. Also it does not fall under Income from Agricultural Operations or activities making Produce fit for market. Therefore it can't be classified as Agricultural Income. Although in Sevice tax it does fall under Agricultural Operations i.e rearing of Animals for Fuel Food and Fibre

kajol jain (11 Points)
Replied 26 December 2015

Not an agriculture income.

kajol jain (11 Points)
Replied 26 December 2015

Not an agriculture income.



MANGESH (CA Job) (31 Points)
Replied 27 December 2015

Dear Friend.

This is not a exempt income as agriculture income. This income does not have direct nexus with agriculture i.e. Direct income from cultivation of agri land. 


MANGESH (CA Job) (31 Points)
Replied 27 December 2015

Dear Friend.

This is not a exempt income as agriculture income. This income does not have direct nexus with agriculture i.e. Direct income from cultivation of agri land. 


MANGESH (CA Job) (31 Points)
Replied 27 December 2015

Dear Friend.

This is not a exempt income as agriculture income. This income does not have direct nexus with agriculture i.e. Direct income from cultivation of agri land. 


Santosh Nalawade (Practice) (355 Points)
Replied 28 December 2015

Thank you all of you

Santosh Nalawade (Practice) (355 Points)
Replied 28 December 2015

Thank you all of you



Kamal vashist (Accountant) (183 Points)
Replied 29 December 2015

It is not consider as a part of agriculture Income


Rakesh Saini (Owner at Self Employed) (427 Points)
Replied 02 January 2016

Taxable bcoz its not accured from agriculture activities, its treated as dairy business 



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