Income from fish cultivation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 February 2014
having their own land engaged in the fish cultivation whether it is a agriculture income or not if not how the income tax provision applies wether any presumptive tax is applicable ?
whether section 44ad is applicable to this type of business what type rebates generally this type of businesess get from fisheries department.
whether section 44ad is applicable to this type of business what type rebates generally this type of businesess get from fisheries department.
21 February 2014
Fish breeding is not an agricultural income it is a regular income and regular tax which is applicable to a businessman is applicable. There are certain rebate given by the Director of fisheries which you can aail
21 February 2014
Fish breeding is not an agricultural income it is a regular income and regular tax which is applicable to a businessman is applicable. There are certain rebate given by the Director of fisheries which you can aail
21 February 2014
compute income from business only in this case.
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