Agri income

Tax queries 471 views 1 replies

Coffee grown and  sold as such without any process.

Whether it is fully agricultural income or only 75% is agri income.

Similarly Pepper grown as inter crop for coffee, income from sale of pepper is agri or not.

Replies (1)

Coffee grown & Cured - 75% is deemed agricultural Income,

If coffee is Further processed (ie) roasted & Grounded - 60% wil be deemed agricultral Income.

Balance is taxable Income


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