INCOME TAX ON SHRIMP FARMING / AQUACULTURE BUSINESS, Income Tax

[pradip patwardhan]

Dear experts, I have following queries..

1)income received by an individual from farming of shrimps i.e. aquaculture in ponds is taxable under income tax or not??

2)income received by PVT LTD COMPANY from farming of shrimps i.e. aquaculture in ponds is taxable under income tax or not??

KINDLY REPLY..

thanks and regards,

PRADIP PATWARDHAN