Income from dairy udhyog
mayur k patel (article) (26 Points)
27 May 2014
dairy income is taxable or not???
mayur k patel (article) (26 Points)
27 May 2014
Akshay
(CA-Final)
(105 Points)
Replied 27 May 2014
Income from agriculture including dairy farming is exempt.
However, Profit earned on sale of milk to society is a taxable income.
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