If you start layer farming from a small level i.e. 1500 chickens, then you can earn 50000 to 1 lakh every month. For this, first of all, you to find a place for poultry farming. About 1-2 lakh will have to be spent on cage & equipment. A budget of 50000 will have to be kept for buying the chickens. Nov 30, 2021

Where the gross total income of an assessee includes any profits and gains derived from business of poultry farming, there shall be allowed, in computing the total income of the assessee, a deduction from such profits and gains of an amount equal to thirty-three and one-third per cent thereof.]] 74a.

Conventionally bred broiler chickens: Most of the chicken available in the stores today comes from flocks that grow to market weight in about 48 days on average, using fewer natural resources – therefore more sustainably.

How many chickens do you need to make a profit? It really depends on the demand in your area but I would say you need at least 16 chickens to make your enterprise worthwhile. Two hybrid chickens would give you a dozen eggs a week and 16 birds would give around 8 dozen eggs a week. Nov 20, 2018

Ensure Proper and Healthy Housing of The Birds. The most important factor to consider is that the poultry housing system and fencing options. Poultry housing system determines up to the 40% of the success rate you able to achieve in poultry farming. A good housing system is most important purpose for your business.

Most are around 10 acres or less; it’s small enough to provide a more manageable way to learn how to grow your own sustainable food, and large enough to potentially generate income. Hobby farmers also focus on providing a healthy ecosystem, growing crops and animals without chemicals or pesticides.

If you are raising chickens as a business, then yes, you can claim the chickens, income, and expenses from raising them on a Schedule C. TurboTax will walk you through how to prepare the Schedule C, and capture your other tax data as well. May 31, 2019

Reporting Farm Income If you are a farmer and your farming business is a sole proprietorship, for tax purposes you must file Schedule F (titled “Profit or Loss from Farming”) to report your agricultural business’s net profit or loss for the tax year.

If you are raising chickens as a business, then yes, you can claim the chickens, income, and expenses from raising them on a Schedule C. TurboTax will walk you through how to prepare the Schedule C, and capture your other tax data as well. May 31, 2019

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