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Taxability income from vermi compost

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(Querist)
24 January 2015 What is the tax treatment of income earned from Vermi compost? Is it Agricultural income- as it is related with the treatment of agro by products only and re used in agricultural activities only. If not an Agricultural Income than to be included in which head and Why?

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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
26 January 2015 The income can be taxed under the head Income from other sources or under the head Profits or Gains from Business.
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s kaushik

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s kaushik (Querist)
27 January 2015 Then it is entitled for Section 80JJA
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