Please tell me under which head, income from Ostrich\Emu Farming...
Income From Ostrich Farming is Taxable Under which Head
Tanay (CA Final Student) (274 Points)
16 June 2011
Pawan Kr. Tomar
(CA)
(169 Points)
Replied 17 June 2011
If Ostrich\Emu Farming is main business activity then taxable under head PGBP otherwise charged under the head of other sources
shammi
(service)
(50 Points)
Replied 17 June 2011
under the head "business & profession", business income if it is the main line of income.
Balaji Mupparaju
(Propritor)
(22 Points)
Replied 18 June 2011
This is taxable under Business or Profession.
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 18 June 2011
| Originally posted by : kaushal | ||
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If income from poultry farming can be taxed under the head business, y not ostrich farming. Other sources is applicable only when income is not charged under the first four head. S 56(1). |
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AGREED.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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