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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Disallowance of Agricultural income - nature of income from sale ...


Court Disallows Agricultural Income Claim for Sugarcane Seeds Due to Lack of Evidence on Basic Farming Operations.

September 11, 2018

Case Laws     Income Tax     AT

Disallowance of Agricultural income - nature of income from sale of agricultural produce, i.e. , sugarcane seeds grown by the assessee from the lease hold land carrying out basic operation on land involving expenditure of human skill such as ploughing, tilling, sowing and planting of seeds - Assessee failed to prove its case.

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