https://www.taxtmi.com/caselaws?id=70678 The Tribunal upheld the decision that profit from the sale of jaggery did not qualify as agricultural income due to the change in commodity nature after processing. Despite evidence of sugarcane cultivation and jaggery production, the Tribunal ruled against the assessee, citing precedents emphasizing the necessity of a nexus between income and agricultural operations. The appeals were dismissed, affirming the order of the CIT(A) for the assessment year 2003-04. en-us Tue, 18 Mar 2008 00:00:00 +0530 Wed, 12 Jun 2013 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70678 The Tribunal upheld the decision that profit from the sale of jaggery did not qualify as agricultural income due to the change in commodity nature after processing. Despite evidence of sugarcane cultivation and jaggery production, the Tribunal ruled against the assessee, citing precedents emphasizing the necessity of a nexus between income and agricultural operations. The appeals were dismissed, affirming the order of the CIT(A) for the assessment year 2003-04. Case-Laws Income Tax Tue, 18 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70678