Re: [aurangabad_ca] Nursery Business - Agricultural or Business
pls read the pocha seeds case.
It is agriculture Income.
From: aurangabad_ca@
yahoogroups. [mailto:aurangabad_ca@com yahoogroups. ] On Behalf Of Anil Ruparelcom
Sent: Friday, February 26, 2010 3:50 PM
To: aurangabad_ca@yahoogroups. com
Subject: Re: [aurangabad_ca] Nursery Buisness - Agricultural or Business
cultivation of land is required there.......
.....!! On 2/25/10, rajivjoshica@
eth.net <rajivjoshica@eth.net > wrote:
Pl refer to Fin Act 2008
Nursery is an agricultural activity and so exempt U/s 10 of the Act
CA R B JOSHI
----- Original Message -----
From: AGA BARSHI <agabarshi@gmail.com >
Date: Wednesday, February 24, 2010 10:36 pm
Subject: [aurangabad_ca] Nursery Buisness - Agricultural or Business
To: aurangabad_ca@yahoogroups. com
Cc: casofpune@yahoogroups.com
> Hi Friends
>
> One my Client is in the Nursery Business He has 2 Types of
> Nurseries
> 1] Growing of the Plants from the Mother Plant in Plastic Bags
> & Plastic Pots &
>
> 2] Growing of the Plants from the Seeds in Plastic Trays &
> Plastic Bags.
>
> Whether this Income is to be treated as the Agricultural Income or
> as Business Income.
> If Business Income is there any specific Case Law or Section
> covering the same.
>
> Thanks & Regards
> CA Atul Gundewar
--
CA ANIL RUPAREL
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