Tax on sale and purchase of fruits and vegetables.
Md. Abdul Kalam (CEO) (551 Points)
20 March 2016Md. Abdul Kalam (CEO) (551 Points)
20 March 2016
CA PRATIK DHRUVE
(CHARTERED ACCOUNTANT)
(634 Points)
Replied 21 March 2016
fruits and vegetables are exempt from sales tax, vat.
There is no exemption in income tax for the same.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"