James Antony FCA, CISA (Chartered Accountant) (135 Points)
25 November 2010Dear friends,
Can somebody clarify whether aquaculture is agriculture or not? If I sell a land which was used for aquaculture, whether it is exempted as agricultural income?
udit sharma
(Company Secretary)
(2303 Points)
Replied 25 November 2010
Hi.....
In my opinon, it can't be treated as agricultural income as both the terms are different and cant be treated as same or synonymus......
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