TMI BlogExemption u/s 10(27) - dairy farmingX X X X Extracts X X X X X X X X Extracts X X X X ..... come - Tax Act, 1961 Reference is invited to the Board's circular letter F.No. 4/3/68-IT(AI) dated the 6th March, 1968, on the above. 2. The Board's view as communicated in the above letter was that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed dairy farming within the meaning of S.10(27). 3. Whereas the mere buying and selling of milk will not constitute dairy farming , the Board is advised that so long as the principal business is the ..... X X X X Extracts X X X X X X X X Extracts X X X X
|