https://www.taxtmi.com/caselaws?id=178535 Compensation received for requisition of agricultural land was held not to retain the character of agricultural income because it did not arise from agricultural operations, cultivation, rent, or revenue derived from land used for agriculture. The amount was paid as statutory compensation for deprivation of possession and income, not as income generated by the land's actual agricultural use. An indirect link to agricultural land was insufficient to bring the receipt within the statutory definition of agricultural income. It was therefore assessable to tax and fell outside section 2(1)(a) and section 2(1)(b)(i) of the Indian Income-tax Act. en-us Fri, 23 Sep 1960 00:00:00 +0530 Mon, 08 Feb 2016 13:04:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178535 Compensation received for requisition of agricultural land was held not to retain the character of agricultural income because it did not arise from agricultural operations, cultivation, rent, or revenue derived from land used for agriculture. The amount was paid as statutory compensation for deprivation of possession and income, not as income generated by the land's actual agricultural use. An indirect link to agricultural land was insufficient to bring the receipt within the statutory definition of agricultural income. It was therefore assessable to tax and fell outside section 2(1)(a) and section 2(1)(b)(i) of the Indian Income-tax Act. Case-Laws Income Tax Fri, 23 Sep 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178535