https://www.taxtmi.com/caselaws?id=251766 The Madras High Court dismissed the appeal regarding the addition of income from the sale of trees in a tea garden, as the Tribunal correctly determined that the felling of trees was for own consumption, not for generating business income. Relying on Supreme Court precedents, the High Court affirmed the Tribunal's decision, emphasizing that the Supreme Court judgments in Vishnudatta Antharjanam's case and Ambat Echukutty Menon's case were applicable, leading to the dismissal of the appeal for lack of substantial legal questions. en-us Mon, 08 Sep 2014 00:00:00 +0530 Sun, 28 Sep 2014 07:52:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251766 The Madras High Court dismissed the appeal regarding the addition of income from the sale of trees in a tea garden, as the Tribunal correctly determined that the felling of trees was for own consumption, not for generating business income. Relying on Supreme Court precedents, the High Court affirmed the Tribunal's decision, emphasizing that the Supreme Court judgments in Vishnudatta Antharjanam's case and Ambat Echukutty Menon's case were applicable, leading to the dismissal of the appeal for lack of substantial legal questions. Case-Laws Income Tax Mon, 08 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251766