Rice mill income

Any processing done on Agricultural produce to make it marketable is a part of agricultural operations and such amount recovered will be treated as agricultural income only, with some exceptions.

But the business of purchasing paddy from the agriculturist and milling the same by the purchaser (rice mill owner) and, thereafter, dealing in the business of sale of rice is taxable.

Madhya Pradesh High Court

Commissioner Of Income-Tax vs Kisan Co-Operative Rice Mills ... on 4 August, 1975

It is clear from the Definition of agricultural Income

Can you please post the section and text of the exemption?

Rice Mill income must be taxable in simple words because rice mills earn a lot of money and which should be taxable so the chain of exchanging money wont stop.

Regards
https://latifricemills.com/super-kernel-basmati-rice/
https://latifricemills.com/

Rice mill income should be taxable because of the the greator consumption of money produced by this business each year

thank you

If we didn't have tin number, rice mill will cease to exist?