https://www.taxtmi.com/caselaws?id=244091 Section 263 revisional jurisdiction was discussed in the context of rental income from godowns being treated as agricultural income. The text states that such treatment depends on the statutory conditions for agricultural income from a building, including ownership, occupation by the specified person, a nexus with land used for agricultural purposes, and satisfaction of the provisos; where those conditions are not met, the claim cannot be sustained. It also notes that alternative issues on the correct head of income and related deductions are matters for assessment-level examination and may be remitted to the Assessing Officer for fresh consideration after hearing the assessee. en-us Fri, 31 Jan 2014 00:00:00 +0530 Wed, 05 Feb 2014 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244091 Section 263 revisional jurisdiction was discussed in the context of rental income from godowns being treated as agricultural income. The text states that such treatment depends on the statutory conditions for agricultural income from a building, including ownership, occupation by the specified person, a nexus with land used for agricultural purposes, and satisfaction of the provisos; where those conditions are not met, the claim cannot be sustained. It also notes that alternative issues on the correct head of income and related deductions are matters for assessment-level examination and may be remitted to the Assessing Officer for fresh consideration after hearing the assessee. Case-Laws Income Tax Fri, 31 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244091