Poonawalla fincorps
Poonawalla fincorps

Rule 7(a)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 June 2012 I am earning income from Rubber Plantation i.e. Agriculture income under section 10(1)..

Whether expenditure incurred by me behind rubber plantation is allowed as deduction in computation of taxable income?
Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
16 June 2012 The deduction is available and only part of the income remains after providing deductions is taxable.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links