TMI BlogAgricultureX X X X Extracts X X X X X X X X Extracts X X X X ..... Agriculture X X X X Extracts X X X X X X X X Extracts X X X X ..... by forming a partnership firm.My question is. 1. under GST guidelines I hear that taking land on lease will invite tax. 2.will I be able to continue farming under a partnership firm Rohit Goyal R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply By Ganeshan Kalyani: The Reply: It is taxable in your case. Reply By Himansu Sha: The Reply: Leasing will attract get Reply By Aitha RajyaLakshmi: The Reply: Under new CGST Bill passed on 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1/03/2017, definition of Agriculturist is defined in which only Individual and HUF can only be an Agriculturist and also conditions are specified. A partnership firm or any other person though they c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ultivate cannot be an agriculturist.
Reply By Ganeshan Kalyani:
The Reply:
Yes, partnership firm cannot be a agriculturist. X X X X Extracts X X X X X X X X Extracts X X X X
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