https://www.taxtmi.com/caselaws?id=6831 Agricultural income-tax treatment of rental income under the U.P. Agricultural Income-tax Act requires computation based on rent actually realised, after statutory deductions, rather than the total rental demand raised. Deeming language applies only in calculating the realised amount after deductions and does not convert unrealised demand into taxable receipt. Nursery income falls outside agricultural income unless it is shown to arise from cultivation of land through basic agricultural operations. Operating or maintaining a nursery as an independent business, without sufficient evidence of such cultivation, does not satisfy the statutory definition. en-us Mon, 10 Oct 1966 00:00:00 +0530 Fri, 06 Feb 2009 15:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6831 Agricultural income-tax treatment of rental income under the U.P. Agricultural Income-tax Act requires computation based on rent actually realised, after statutory deductions, rather than the total rental demand raised. Deeming language applies only in calculating the realised amount after deductions and does not convert unrealised demand into taxable receipt. Nursery income falls outside agricultural income unless it is shown to arise from cultivation of land through basic agricultural operations. Operating or maintaining a nursery as an independent business, without sufficient evidence of such cultivation, does not satisfy the statutory definition. Case-Laws Income Tax Mon, 10 Oct 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6831