The Kerala High Court in the decision of M/S. Kuthuparamba Range v. The Commissioner of Income Tax held that income derived from tapping and vending of toddy shall be categorized as agricultural produce and hence Tax deductible from income. The Co-operative Societies – assessee in the present matter are engaged in tapping of toddy and vending […]
The post Income derived from Toddy Tapping is Agricultural Produce, Subject to Tax Deduction: Kerala HC [Read Judgement] appeared first on Taxscan | Simplifying Tax Laws.
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