Selling self grown tree taxability

434 views 2 replies

1. Whether Sale proceeds from Self grown tree Taxable?

2. Sale of un yielding Rubber trees in rubber estate taxable?

3. If a person Cut the self grown trees in his house and he makes wooden window and Door for his new house but due to emergency of money he sell it, whether Sale proceeds taxable?

Replies (2)
If u are having a nursery than income earned from it is not taxable
And I think 🤔 that sale of unyielding rubber tree will come under head Income from other sources, so taxable
But I am not sure about it

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