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Income earned from Bee Keeping & Honey Making.

mishal shah

I just want to know that is any income earned by bee keeping is taxable or not. under horticulture. Do let me know the tax rate.

Kindly do the needful and oblige.

Business income: bee keeping treated as non agricultural activity and taxable, basic exemptions apply for individuals and HUF. Bee keeping and honey production are organized activities that do not involve cultivation of land and therefore do not qualify as agricultural income; such receipts are taxable as business income, with general exemptions such as the basic exemption available to individuals and Hindu Undivided Families. (AI Summary)
Income Tax
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DEV KUMAR KOTHARI on Dec 29, 2011

Bee keeping is an organized activity, it does  not invlove agricultural by way of cultivation of land, hence income will be taxable as busienss income. General exemptions of basci exemption in case of individuals, HUF etc. will be available.

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