Agricultural income - correctly held that there is no merit in ...
Legal Ruling: Growing Hybrid Seeds is Agricultural Activity, Eligible for Deduction u/s 10(1) of Income Tax Act.
July 2, 2019
Case Laws Income Tax AT
Agricultural income - correctly held that there is no merit in assessing total receipts in the hands of assessee and at best, the AO could have determined the loss/income assessable in the hands of assessee - growing of hybrid seeds can never be held to be non-agricultural activity - entitled to claim deduction u/s 10(1)
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