https://www.taxtmi.com/caselaws?id=5511 Compensation received for requisition of agricultural land remained agricultural income where the land continued to be cultivated and retained its agricultural character. The payment was directly referable to land used for agricultural purposes and was treated as rent or revenue derived from such land under section 2(1) of the Indian Income-tax Act, 1922. It was distinguishable from cases where requisitioned property was not put to agricultural use. The compensation was therefore exempt from tax as agricultural income. en-us Fri, 01 Mar 1996 00:00:00 +0530 Tue, 25 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5511 Compensation received for requisition of agricultural land remained agricultural income where the land continued to be cultivated and retained its agricultural character. The payment was directly referable to land used for agricultural purposes and was treated as rent or revenue derived from such land under section 2(1) of the Indian Income-tax Act, 1922. It was distinguishable from cases where requisitioned property was not put to agricultural use. The compensation was therefore exempt from tax as agricultural income. Case-Laws Income Tax Fri, 01 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5511