Income from Selling Vegetable Seeds Classified as Agricultural, Not Business, Income Despite Profit Margin.

Income from Selling Vegetable Seeds Classified as Agricultural, Not Business, Income Despite Profit Margin. https://www.taxtmi.com/highlights?id=14463 Nature of Income - Dealing in vegetable seeds - Agricultural Income OR Business Income - the percentage of margin earned on sale of agricultural produce cannot be the basis for bifurcating margin from business activity and margin from agricultural activity when whole of the expenditure is allowable by the Assessing Officer as for carrying out agricultural operations - AT en-us Fri, 13 Sep 2013 10:00:38 +0530 Fri, 13 Sep 2013 10:00:38 +0530 TaxTMI RSS Generator Income from Selling Vegetable Seeds Classified as Agricultural, Not Business, Income Despite Profit Margin. https://www.taxtmi.com/highlights?id=14463 Nature of Income - Dealing in vegetable seeds - Agricultural Income OR Business Income - the percentage of margin earned on sale of agricultural produce cannot be the basis for bifurcating margin from business activity and margin from agricultural activity when whole of the expenditure is allowable by the Assessing Officer as for carrying out agricultural operations - AT Highlights Income Tax Fri, 13 Sep 2013 10:00:38 +0530 https://www.taxtmi.com/highlights?id=14463