Agricultural Income

Direct Taxation

I need help regarding taxability of Income from sale of Plants from Nurseries which were grown out from Trays [Seeds are sown on plastic trays] and use Green house to protect those and sell to the Customers. Taxable Or Not Under Income Tax ?

Shanmukh Vemuri

CMA Final

★ 5

20-Mar-23 16:37

477

Answers (1)

Not taxable as included as agri income.

Kamal Kumar

CA Inter

★ 7K+

20-Mar-23 17:51