Tag Archives: Agriculture

Growing of plants in nursery/Pots is an agricultural activity :HC

By | November 16, 2016

The appellate authority has relied on the decision of CIT v. Green Gold Tree Farmers (P.) Ltd.[2008] 299 ITR 262 (Uttarakhand),wherein it has been held that sale proceeds of plants raised in nursery on land belonging to the assessee constitute agriculture income. The appellate authority has also referred to the decision of a Division Bench… Read More »

Agriculture in Model GST Law

By | June 14, 2016

Agriculture in Model GST Law Govt has Released Model GST Law . As per Model GST Law various provisions for Agriculture are as follow Meaning of Agriculture in Model GST Law [ section 2(7) ] “agriculture” with all its grammatical variations and cognate expressions, includes floriculture, horticulture, sericulture, the raising of crops, grass or garde produce and also grazing,… Read More »

Govt Committed to Higher Growth Rate in Agriculture

By | November 17, 2015

Ministry of Agriculture of Govt of India Press release on 17.11.2015 Government is Committed to Higher Growth Rate in Agriculture – Radha Mohan Singh The Government is committed to higher growth rate in agriculture through sustainable development.  A number of schemes have been initiated for this purpose   which include soil health card scheme, ‘Paramparagat Krishi… Read More »