https://www.taxtmi.com/caselaws?id=209659 The Supreme Court remanded the case to the Assessing Officer for a detailed field inspection to determine if the income generated by the company from growing and exporting ornamental plants through tissue culture qualifies as agricultural income. The AO is instructed to verify the activities and bifurcate the income based on expenditure incurred on agricultural and non-agricultural operations. Both parties' appeals were set aside for statistical purposes pending verification. en-us Tue, 31 May 2011 00:00:00 +0530 Tue, 27 Dec 2011 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209659 The Supreme Court remanded the case to the Assessing Officer for a detailed field inspection to determine if the income generated by the company from growing and exporting ornamental plants through tissue culture qualifies as agricultural income. The AO is instructed to verify the activities and bifurcate the income based on expenditure incurred on agricultural and non-agricultural operations. Both parties' appeals were set aside for statistical purposes pending verification. Case-Laws Income Tax Tue, 31 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209659