Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Coffee income taxation treats sale proceeds as business income and permits replanting cost allowance. Income from the sale of coffee grown and cured, or grown, cured, roasted and grounded, by the seller in India is computed as business income, with specified portions deemed taxable. The rule also explains the meaning of curing and permits allowance for the cost of replanting coffee plants in an existing area, while excluding subsidies not includible in total income from that cost.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Coffee income taxation treats sale proceeds as business income and permits replanting cost allowance.
Income from the sale of coffee grown and cured, or grown, cured, roasted and grounded, by the seller in India is computed as business income, with specified portions deemed taxable. The rule also explains the meaning of curing and permits allowance for the cost of replanting coffee plants in an existing area, while excluding subsidies not includible in total income from that cost.
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