https://www.taxtmi.com/caselaws?id=175521 Amounts received from the replantation fund were held to be revenue receipts, because their character was determined by their source in cess or export duty levied on rubber production and export, not by the statutory requirement that they be applied for replanting. The fact that the money was linked to plantation expenditure and routed through a statutory fund did not alter its nature when received. As the amounts were carved out of trading operations and merely channelled to plantation owners, they were assessable as income and not as capital receipts. en-us Thu, 15 Feb 1962 00:00:00 +0530 Tue, 24 Nov 2015 18:01:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175521 Amounts received from the replantation fund were held to be revenue receipts, because their character was determined by their source in cess or export duty levied on rubber production and export, not by the statutory requirement that they be applied for replanting. The fact that the money was linked to plantation expenditure and routed through a statutory fund did not alter its nature when received. As the amounts were carved out of trading operations and merely channelled to plantation owners, they were assessable as income and not as capital receipts. Case-Laws Income Tax Thu, 15 Feb 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175521