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.
1 Replies
divva
(Industrial Trainee @ Ashok Leyland)
(348 Points)
Replied 26 June 2012
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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