https://www.taxtmi.com/caselaws?id=70780 Under the Finance Act, 1992 scheme, net agricultural income had to be computed under the First Schedule, but the proviso to Rule 5 of Part IV excluded that mechanism for assessment years beginning on or after 1 April 1993. Section 10(2A) of the Income-tax Act, 1961 further provided that a partner's share in the total income of a firm separately assessed as such would not form part of the partner's total income. On that basis, a partner's share in a firm's agricultural income was not to be treated as the partner's agricultural income for rate purposes in computing other income. en-us Mon, 30 Nov 1998 00:00:00 +0530 Tue, 19 Apr 2011 11:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70780 Under the Finance Act, 1992 scheme, net agricultural income had to be computed under the First Schedule, but the proviso to Rule 5 of Part IV excluded that mechanism for assessment years beginning on or after 1 April 1993. Section 10(2A) of the Income-tax Act, 1961 further provided that a partner's share in the total income of a firm separately assessed as such would not form part of the partner's total income. On that basis, a partner's share in a firm's agricultural income was not to be treated as the partner's agricultural income for rate purposes in computing other income. Case-Laws Income Tax Mon, 30 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70780