https://www.taxtmi.com/caselaws?id=190394 Income from timber cut from forests of spontaneous growth was held not to be agricultural income because the land was not shown to be used for agriculture, cultivation, or forestry operations involving skill and labour, so the exemption failed. By contrast, letting pasture meadows could amount to agricultural income where the land was used for grazing agricultural livestock, because pasturage may satisfy the requirement that the land be used for agricultural purposes in substance. The grazing income was therefore exempt only to the extent that it arose from agricultural animals, and not where the pasturing related to non-agricultural animals. en-us Fri, 22 Oct 1948 00:00:00 +0530 Tue, 14 Feb 2017 15:02:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190394 Income from timber cut from forests of spontaneous growth was held not to be agricultural income because the land was not shown to be used for agriculture, cultivation, or forestry operations involving skill and labour, so the exemption failed. By contrast, letting pasture meadows could amount to agricultural income where the land was used for grazing agricultural livestock, because pasturage may satisfy the requirement that the land be used for agricultural purposes in substance. The grazing income was therefore exempt only to the extent that it arose from agricultural animals, and not where the pasturing related to non-agricultural animals. Case-Laws Income Tax Fri, 22 Oct 1948 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190394