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Profit earned from cultivation of Prawn and Fish, Income Tax

Issue Id: - 112540
Dated: 6-8-2017
By:- Lakshmi NV

Profit earned from cultivation of Prawn and Fish

Contents

One of my Clint has taken 450 acres of wetland on lease and cultivated prawn and fish and he has earned a profit of ₹ 40 lahk from such cultivation .is this income agricultural or business.

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Showing Replies 1 to 1 of 1 Records

Page: 1

1 Dated: 25-7-2018
By:- DR.MARIAPPAN GOVINDARAJAN

In my view it is business income

Page: 1

Old Query - New Comments are closed.

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