Seedling of seeds in a nursery
This query is : Resolved
03 March 2008
Assessee carries a business of growing seeds in a nursery and sales the seeds therefrom.Whether the business will be considered as agricultural income and henceforth exempt from tax or shall be considered otherwise.
04 March 2008
The facts of ur case relates to the case of "Soundarya Nursery" wherein it was held that income from Nursery shall be regarded as Agricultural Income
04 March 2008
AGRICULTURAL INCOME EXEMPT FROM TAX
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