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Income from fish cultivation

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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.

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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