https://www.taxtmi.com/caselaws?id=66397 Income derived from basic seeds produced on the assessee's own land through sowing, weeding, watering, manuring and other cultivation activities was held to be agricultural income within section 2(1A) of the Income-tax Act, 1961, and therefore exempt under section 10(1); the later commercial use of the produce in a hybrid seed chain did not change that character. The addition of Rs. 5,16,124 was sustained because no material was produced to dislodge it and no appellate error warranting interference was shown. The appeal thus succeeded only on the agricultural-income claim and failed on the balance. en-us Fri, 21 Sep 2007 00:00:00 +0530 Mon, 27 Jun 2016 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66397 Income derived from basic seeds produced on the assessee's own land through sowing, weeding, watering, manuring and other cultivation activities was held to be agricultural income within section 2(1A) of the Income-tax Act, 1961, and therefore exempt under section 10(1); the later commercial use of the produce in a hybrid seed chain did not change that character. The addition of Rs. 5,16,124 was sustained because no material was produced to dislodge it and no appellate error warranting interference was shown. The appeal thus succeeded only on the agricultural-income claim and failed on the balance. Case-Laws Income Tax Fri, 21 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66397