https://www.taxtmi.com/caselaws?id=8124 A Tribunal's factual finding on marketability can be disturbed only if it lacks evidence or is perverse; here, the finding that there was no real market for sugarcane in its natural condition was supported by the record and was upheld. The conversion of sugarcane into jaggery was treated as an ordinary cultivator's process used to make the produce saleable, and because the cane could not be profitably marketed as such, the resulting income retained its agricultural character. The jaggery income was therefore held to be agricultural income under the Indian Income-tax Act, 1922. en-us Wed, 25 Feb 1970 00:00:00 +0530 Sat, 28 Mar 2009 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8124 A Tribunal's factual finding on marketability can be disturbed only if it lacks evidence or is perverse; here, the finding that there was no real market for sugarcane in its natural condition was supported by the record and was upheld. The conversion of sugarcane into jaggery was treated as an ordinary cultivator's process used to make the produce saleable, and because the cane could not be profitably marketed as such, the resulting income retained its agricultural character. The jaggery income was therefore held to be agricultural income under the Indian Income-tax Act, 1922. Case-Laws Income Tax Wed, 25 Feb 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8124