Mushrooms grown under controlled conditions constitutes ‘Agricultural Activity’, exemption from tax

DCIT Vs British Agro Products (India) Pvt. Ltd. (ITAT Chennai)

Mushrooms grown under controlled conditions constitutes ‘Agricultural Activity’, exemption from tax : – [DCIT v. British Agro Products (India) Pvt. Ltd. (05.04.2023) ITAT Chennai

Chennai ITAT dismisses Revenue’s appeal, holds that cultivation and sale of white button mushrooms is an ‘agricultural activity’ and income derived from the said activity constitutes ‘agricultural income’ as stipulated under Section 2(1A) and accor

Please become a Premium member. If you are already a Premium member, login here to access the full content.