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Query Details

Asked by Pankaj on :Jun. 21, 2018

I am running dairy farm in Delhi and total …

I am running dairy farm in Delhi and total income during this year is 7.5 lacs. Whether incom…

I am running dairy farm in Delhi and total income during this year is 7.5 lacs. Whether income from dairy farming is agriculture or not?

0

Jeeba Jun. 21, 2018

This is not the agricultural income and tax is applicable.

Income from dairy farming is non-agricultural income.

Income tax act clearly states that income derived from dairy farming does not fall under agriculture income and taxable.

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