Income frm xport of agriculture crop of some medicine product as aleovera & musli is exempted or not

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....ncome frm xport of agriculture crop of some medicine product as aleovera & musli is exempted or not<br> Query (Issue) Started By: - ramesh bohra Dated:- 29-4-2010 Last Reply Date:- 4-5-2010 Income Tax....

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....<br>Got 1 Reply<br>Income Tax<br>we have agriculture land 100 hector we are getting crop of some medicine product as aleovera and musli which we get crop and we export it we get income of that rs 1000....

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....00/ que1. the above income is exempted or not Reply By Surender Gupta: The Reply: Whether your income is agriculture income or business income is to be determined first. The agriculture income is exem....

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....pt from income tax. Business income is taxable. As such the export benefits are limited only to specific purposes else export benefits have been withdrawn from Income tax like 80HHC.<br> Discussion Fo....

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