Profit earned from culivation of Prawn and Fish

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..... Profit earned from culivation of Prawn and Fish
Query (Issue) Started By: - Lakshmi NV Dated:- 5-8-2017 Last Reply Date:- 25-7-2018 Income Tax
Got 1 Reply
Income Tax
dear expert, on of my .....

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..... One of my Clint has taken 450 acres of land 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. Reply .....

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..... By DR.MARIAPPAN GOVINDARAJAN: The Reply: In my view it is business income.
Discussion Forum - Knowledge Sharing .....

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