Income from harvester machine
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 May 2015
Does the income generated from harvester machine by providing harvesting service to the needy farmers and getting paid be treated as Agricultural income and if not can it be treated under Section 44AD if the turnover is approx 15-18 lakhs
06 May 2015
In my opinion this would not be agricultural income as you are not deriving income from cultivating your own agricultural land instead you are sort of providing harvesting services on charge basis to other farmers. Therefore it would come under section 44AD.
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