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1960 (11) TMI 14 - SC - Income TaxWhether on the facts and in the circumstances of this case the Tribunal's conclusion that the land was not assessed to land revenue within the meaning of section 2(1)(a) of the Indian Income-tax Act is justified ? Held that:- The history of redemption is a matter of record, and it is plain that Government was accepting a down payment and freeing land from land revenue. This is precisely what was done, and the result of the down payment is set out with great clarity in the deed itself, and it is that there was no land revenue assessed on or demandable from that land. In fact, no demand or payment or charge in the nature of land revenue could ever be made on it. In view of this, it is, in our judgment, quite satisfactorily established that this land was not assessed to land revenue and the income from it did not fall within section 2(1)(a) of the Income-tax Act. The answer given by the High Court was thus correct. Appeal dismissed.
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