https://www.taxtmi.com/caselaws?id=3197 Income from sale of latex from standing rubber trees was held not to be agricultural income under section 2(1A) because agricultural income must arise from land used in an integrated agricultural process involving basic cultivation operations and connected subsequent operations. The assessee had acquired rights to cut standing trees and only permitted tapping during the intervening period, but the activity was not shown to involve cultivation of the land itself. The authorities were therefore justified in treating the receipt as non-agricultural income, and the reference was answered against the assessee. en-us Fri, 15 Sep 2006 00:00:00 +0530 Mon, 03 May 2010 00:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3197 Income from sale of latex from standing rubber trees was held not to be agricultural income under section 2(1A) because agricultural income must arise from land used in an integrated agricultural process involving basic cultivation operations and connected subsequent operations. The assessee had acquired rights to cut standing trees and only permitted tapping during the intervening period, but the activity was not shown to involve cultivation of the land itself. The authorities were therefore justified in treating the receipt as non-agricultural income, and the reference was answered against the assessee. Case-Laws Income Tax Fri, 15 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3197