https://www.taxtmi.com/forum/issue?id=1908 Receipts from sale of produce after only minimal processes required to bring crops to market are exempt agricultural income in the hands of the landowner; where processing materially alters the produce (for example producing juice), the proceeds will include both agricultural and business income and must be classified and apportioned under the Income Tax Rules. Export or domestic sale is irrelevant to this classification. State agricultural income tax and other tax relief provisions may also affect the tax treatment depending on factual circumstances. en-us Fri, 30 Apr 2010 18:54:33 +0530 Thu, 23 Jan 2025 15:58:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1908 Receipts from sale of produce after only minimal processes required to bring crops to market are exempt agricultural income in the hands of the landowner; where processing materially alters the produce (for example producing juice), the proceeds will include both agricultural and business income and must be classified and apportioned under the Income Tax Rules. Export or domestic sale is irrelevant to this classification. State agricultural income tax and other tax relief provisions may also affect the tax treatment depending on factual circumstances. Discussion-Forum Income Tax Fri, 30 Apr 2010 18:54:33 +0530 https://www.taxtmi.com/forum/issue?id=1908