LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Tax on income from poultry farm

Kush (Worker) (21 Points)

14 May 2018

Hello Seniors,

I would like to know if income of 20 lacs from poultry farms (Eggs) is taxable ?

Regards

Reply
Follow
Share

10 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 14 May 2018

Yes, taxable under income tax act, as income under head 'PGBP'

deepika (student) (26 Points)
Replied 01 August 2018

sir,

Is RENT from pond given for fish farming is taxable? can this be considered as agricultural income.

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 01 August 2018

No. It is taxable income

deepika (student) (26 Points)
Replied 01 August 2018

Is it taxable even if it is agricultural land as defined according to the definition.If so under which head?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 01 August 2018

IFOS

Gaurav (ACCOUNTANT) (32 Points)
Replied 29 August 2018

INCOME TAX CODE FOR POULTRY FARM INCOME EGG / CHICKENS?

S N Sah (TAX CONSULTANT) (3 Points)
Replied 25 October 2018

01007

Mithra Traders (2 Points)
Replied 24 January 2019

Poultry Forming With Egg Sales Is Taxable OR Exempted Under GST Act..? Can Register Under GST?

Krishna Polymers (2 Points)
Replied 26 March 2020

Krishna Polymers is Poultry Equipment Manufacturer in India. Our quality products like PVC Layer Feeder, Grower Feeder, Chicks Feeder, Water Drinking System, PVC Door Panels, PVC Poultry Foot Rests.

Our product offering consists of a wide range of watering, feeding, and climate control systems designed from semi-automatic to fully automatic functioning to suit your particular requirements.

https://www.krishnapolymers.com/