https://www.taxtmi.com/caselaws?id=6639 Agricultural income from coffee grown for sale was held to arise on sale or delivery during the relevant previous year, so coffee delivered to the Coffee Board after 1 April 1954 but produced earlier was includible in assessable income. The court also held that computation must follow the statute strictly, and deductions were confined to expenses expressly allowed for the relevant year. Accordingly, the assessee could not deduct opening stock value or earlier production cost not covered by the Act, and the revision failed. en-us Tue, 23 Feb 1965 00:00:00 +0530 Thu, 21 Mar 2013 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6639 Agricultural income from coffee grown for sale was held to arise on sale or delivery during the relevant previous year, so coffee delivered to the Coffee Board after 1 April 1954 but produced earlier was includible in assessable income. The court also held that computation must follow the statute strictly, and deductions were confined to expenses expressly allowed for the relevant year. Accordingly, the assessee could not deduct opening stock value or earlier production cost not covered by the Act, and the revision failed. Case-Laws Income Tax Tue, 23 Feb 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6639