https://www.taxtmi.com/caselaws?id=190394 The court held that income from the sale of timber from forests of spontaneous growth is not considered agricultural income and is subject to taxation. However, income derived from letting out pasture meadows with spontaneously growing grass is deemed agricultural income if it involves agricultural animals pastured thereon. The court clarified that if the animals are not agricultural, the income from letting out pasture meadows is taxable. 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 The court held that income from the sale of timber from forests of spontaneous growth is not considered agricultural income and is subject to taxation. However, income derived from letting out pasture meadows with spontaneously growing grass is deemed agricultural income if it involves agricultural animals pastured thereon. The court clarified that if the animals are not agricultural, the income from letting out pasture meadows is taxable. Case-Laws Income Tax Fri, 22 Oct 1948 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190394