CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Taxability of dairy business


CA Apoorva Gaurav (CA)     27 March 2015

CA Apoorva Gaurav
CA 
 34 likes  368 points

| My Other Post

Whether income generated from sale of raw milk to retail consumers taxable???

I mean wherein an assesse holds 20 cattles and sell the milk proceeds to retail customers,

avater

RAKESHA H.S. (STUDENT)     27 March 2015

RAKESHA H.S.
STUDENT 
 22 points

View Profile | My Other Post

Dairy farming is not covered in agriculture income a defined by IT so it is taxable

avater

Vishal Goel (Chartered Accountant)     27 March 2015

Vishal Goel
Chartered Accountant 
 144 likes  1688 points

View Profile | My Other Post

Yes, it is taxable.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »



Trending Tags
GST Live Class    |    x