Income earned from polyhouse of flowers whether covered under Agricultural Income or not??? If the polyhouse is situated in rural agricultural land. Also whether Vat is applicable for sale of flowers????
CA Tejaswini Belose (CA) (66 Points)
12 February 2015Income earned from polyhouse of flowers whether covered under Agricultural Income or not??? If the polyhouse is situated in rural agricultural land. Also whether Vat is applicable for sale of flowers????
balance dune
(manager)
(22 Points)
Replied 17 April 2018
yes, it is considered as agriculture income because it comes in agriculture commodity sector. greenhouse production does not require VAT
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