https://www.taxtmi.com/caselaws?id=169603 Receipts from the sale of spontaneously growing forest trees on land that remained intact in the assessee's ownership were treated as revenue income, because the sale yielded recurring produce from the land rather than a realisation of capital; the amounts were therefore taxable. Interest on arrears of rent and cess relating to agricultural lands was treated as intrinsically connected with agricultural operations and fell within agricultural income, so it remained exempt from tax. en-us Thu, 22 Aug 1946 00:00:00 +0530 Mon, 27 Apr 2015 16:06:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169603 Receipts from the sale of spontaneously growing forest trees on land that remained intact in the assessee's ownership were treated as revenue income, because the sale yielded recurring produce from the land rather than a realisation of capital; the amounts were therefore taxable. Interest on arrears of rent and cess relating to agricultural lands was treated as intrinsically connected with agricultural operations and fell within agricultural income, so it remained exempt from tax. Case-Laws Income Tax Thu, 22 Aug 1946 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169603