die
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A From the reader persecuye:
Business is an economic activity consisting of all activities led to
and trading (exchange) of goods and services
Foreg construction and manulacturing, bading or some
PU
O private enterprises proprietary or console s
small piedom, or large enterprises, donostiar
m
i slilor
From the medium Dennective Business refers to a particularly faste
as Rolail usiness, Real Estate Business, and Busi o n
Business, ole. Thus, a fim may introduce itself as follows We
d
c. From a narrow perspective: Business may be defined as one's
own
owning and actively operating an economic organization e
r
on
coating
00
NOTE, IS AGRICULTURE AN INDUSTRY AND HEROE A BUSINESS
► agriculture is subsistence agriculture (e for segonsumption), a bu s
Under the income Tax Act, agriculture income is characterized salty Series from
income from business & profession) and is exempt from 90. B o ra ma non
comprise Industry and hence it is not a business
#agricultural produce is processed, ie the key raw material is agrisulta poistetten
it can be treated as an industry and hence business Po
l
Eg Extraction of edible oil from rice bran, mustard, coconut, soyabean eta
luogo we om
buss
CA FOUNDATION
INTRODUCTION TO BUSINESS AND BOK
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