Reselling of live plants

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1 Points Posted on 14 February 2020

Is the reselling of live plants and pots purchased from nursery through online or offline mode taxable?

Whether Income tax is leviable on such income.

What about Gst?

And what are the means to save tax.

Please guide me..

 

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On 14 February 2020 at 10:10 Report
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Quick Summary
This discussion explores the taxability of income generated from reselling live plants and pots purchased from nurseries, whether sold online or offline. It also touches upon whether income from selling home-grown fruits and vegetables in pots or land is considered tax-exempt agricultural income and provides guidance on potential tax-saving measures.

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SEO Sai Gr. Hosp.
212503 Points Posted on 16 February 2020

Yes, it will be taxable under both the act..

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On 16 February 2020 at 10:33
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student
58 Points Posted on 20 November 2020

If I sell fruits and vegetables cultivated and grown in pots and land in my home premises, will it be considered agriculture income and it will be tax exempt?

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On 20 November 2020 at 10:10

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