Nursery

I have a nursery in which I make rose and other plants and sell them at an early growth stage. tyically saplings. I have nursery license and I also have written agreements with my buyer. whether do I need to pay income tax on such income. Tq
Replies (2)
Quick Summary
This discussion addresses whether income generated from selling young plants and saplings from a nursery is subject to income tax. The user has a nursery license and agreements with buyers, and is seeking clarification on their tax liabilities. A related discussion thread is provided for further insight.

depends on fact of the case. refer to this discussion on the same topic: https://www.caclubindia.com/forum/is-income-from-sale-of-plants-from-nurseries-taxable-seeds-are-sown-in-trays--466485.asp

please do not spam the message board.

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