EASYOFFICE
EASYOFFICE

Is lease amount received from Fish tank taxable

This query is : Resolved 
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(Querist)
18 July 2022 Sir, I have converted agriculture land in to Fish tank( for aqua culture) and given for lease.
I would like to know that income received through lease is taxble or exempted.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
19 July 2022 It's not agricultural income hence taxable.

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