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Profit earned from cultivation of Prawn and Fish, Income Tax

Issue Id: - 112540
Dated: 6-8-2017
By:- Lakshmi NV

Profit earned from cultivation of Prawn and Fish


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One of my Clint has taken 450 acres of wetland on lease and cultivated prawn and fish and he has earned a profit of ₹ 40 lahk from such cultivation .is this income agricultural or business.

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 25-7-2018
By:- DR.MARIAPPAN GOVINDARAJAN

In my view it is business income


Page: 1

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