agriculture income
This query is : Resolved
04 August 2009
WHETHER INCOME FROM CULTIVATION OF BACTERIA .I.E ORGANIC FARMING IS AGRICULTURAL INCOME.
PLEASE DO GUIDE ME AND PLS PROVIDE A CASE LAW IF POSSIBLE.
PLEASE DO GUIDE ME AND PLS PROVIDE A CASE LAW IF POSSIBLE.
04 August 2009
Organic Farming means use of organic fertilisers and pesticides for raising the crop. Such activity of farming is obviously an agricultural activity, since the end product is produced from the land by tilling. For use in organic farming, you might have cultured bacteria, which is used for manufacturing organic manures. Its an integrated activity for the organic farming. In my opinion, the integrated activity of organic farming and the income thereof is "Agricultural Income".
On the other hand,if bactria is cultivated/cultured and the same bactria is used for manufacturing organic manure and such manure is marketed, then the income from such activity may not be classified as Agricultural Income.
On the other hand,if bactria is cultivated/cultured and the same bactria is used for manufacturing organic manure and such manure is marketed, then the income from such activity may not be classified as Agricultural Income.
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