https://www.taxtmi.com/caselaws?id=7285 Remuneration received for managing agricultural property was held not to be agricultural income merely because the underlying asset was agricultural in character. The decisive test was the character of the receipt under the Act: income derived from management services is distinct from income derived directly from agriculture. On that basis, the sum received by the karta as managing partner could not be assessed as agricultural income in the hands of the Hindu undivided family, and the issue was answered against the claim for exemption. en-us Fri, 16 Aug 1968 00:00:00 +0530 Mon, 16 Feb 2009 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7285 Remuneration received for managing agricultural property was held not to be agricultural income merely because the underlying asset was agricultural in character. The decisive test was the character of the receipt under the Act: income derived from management services is distinct from income derived directly from agriculture. On that basis, the sum received by the karta as managing partner could not be assessed as agricultural income in the hands of the Hindu undivided family, and the issue was answered against the claim for exemption. Case-Laws Income Tax Fri, 16 Aug 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7285