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Poultry Farming income

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138 Points Posted on 21 January 2019
Poultry Farming income is exempt income?
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On 21 January 2019 at 16:50 Report
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Practicing CA
1225 Points Posted on 21 January 2019
poultry farming income is not agricultural income so it is not exempt
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On 21 January 2019 at 17:07
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Student CA Final
12692 Points Posted on 21 January 2019
Income from agriculture is exempt in India u/s 10(1).But poultry business is not covered under definition of agriculture income.Therefore, it shall be taxed as Incomefrom Business or Profession.
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On 21 January 2019 at 17:50


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