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1966 (10) TMI 46 - SC - Income TaxWhether such delivery constituted sale by operation of law as a result of which the assessee ceased to be the owner of the coffee, the moment it handed over the produce to the Coffee Board? Held that:- This court held that, under the relevant provisions of the Act, as soon as the producer of coffee handed over the produce to the Coffee Board, it ceased to be the owner and income accrued to him at that point of time. That case does not Jay down the proposition that income accrues to a producer of agricultural produce before the date of disposal, use or sale. For the years 1955-56 and 1956-57, the appellant did not submit returns of income, but applied to compound the tax under section 65 of the Act, and paid the tax determined at the rates specified in Part II of the Act. Therefrom it cannot be inferred that the produce which was sold by him in the year of account to which these appeals relate had suffered tax in the earlier years. It has to be proved that the crop sold by the appellant related to the years in respect of which he had applied to compound the tax: and on that part of the case there is no evidence. Appeal dismissed.
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