https://www.taxtmi.com/caselaws?id=6240 An association of individuals is assessable to agricultural income tax only where it owns or holds the property from which the income arises. Common management of jointly cultivated land, maintenance of common accounts, and division of net profits do not by themselves establish that the lessees held the land as an association within the statutory definition of "person". On the stated facts, the income from the lands could not be assessed as the income of an association of individuals. en-us Mon, 18 Jan 1971 00:00:00 +0530 Wed, 03 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6240 An association of individuals is assessable to agricultural income tax only where it owns or holds the property from which the income arises. Common management of jointly cultivated land, maintenance of common accounts, and division of net profits do not by themselves establish that the lessees held the land as an association within the statutory definition of "person". On the stated facts, the income from the lands could not be assessed as the income of an association of individuals. Case-Laws Income Tax Mon, 18 Jan 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6240