https://www.taxtmi.com/caselaws?id=6831 For agricultural income-tax purposes, rent is assessed on actual realisation after statutory deductions, not on the full rental demand raised; the deeming language operates only to compute the amount actually received within the statutory scheme, so notional demand cannot replace receipt. Income from a nursery was treated as outside the statutory definition of agricultural income unless it is shown to arise from cultivation of land and basic agricultural operations; on the facts noted, nursery receipts did not satisfy that test. The note states that both questions were answered against the revenue and in favour of the assessee. 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 For agricultural income-tax purposes, rent is assessed on actual realisation after statutory deductions, not on the full rental demand raised; the deeming language operates only to compute the amount actually received within the statutory scheme, so notional demand cannot replace receipt. Income from a nursery was treated as outside the statutory definition of agricultural income unless it is shown to arise from cultivation of land and basic agricultural operations; on the facts noted, nursery receipts did not satisfy that test. The note states that both questions were answered against the revenue and in favour of the assessee. Case-Laws Income Tax Mon, 10 Oct 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6831