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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Agricultural income or not - turnkey contract of plantation - to ...


High Court Rules Turnkey Contract Income from Plantations and Rock Gardens Not Agricultural Under Income Tax Act Section 2(i)(a)(iii.

August 9, 2017

Case Laws     Income Tax     HC

Agricultural income or not - turnkey contract of plantation - to create and develop plantations, rock gardens etc. for companies/institutions - The consideration received cannot be classified as agricultural income under 2(i)(a)(iii) - HC

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