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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
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Quick Summary
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
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