https://www.taxtmi.com/caselaws?id=8236 Income derived from land used for agricultural purposes was treated as agricultural income where the land was subject to the Kerala Land Tax Act, 1961, even if tax had not yet been separately assessed or collected for that parcel. The court read "assessed" in section 2(a) of the Agricultural Income-tax Act, 1950 as meaning subjected to tax liability, not requiring prior individual quantification or actual collection. It held that the statutory basic tax on all lands in the State satisfied the land revenue requirement, and rejected a contrary interpretation that would create an artificial distinction between surveyed and unsurveyed lands. en-us Mon, 08 Feb 1971 00:00:00 +0530 Wed, 19 Mar 2025 16:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8236 Income derived from land used for agricultural purposes was treated as agricultural income where the land was subject to the Kerala Land Tax Act, 1961, even if tax had not yet been separately assessed or collected for that parcel. The court read "assessed" in section 2(a) of the Agricultural Income-tax Act, 1950 as meaning subjected to tax liability, not requiring prior individual quantification or actual collection. It held that the statutory basic tax on all lands in the State satisfied the land revenue requirement, and rejected a contrary interpretation that would create an artificial distinction between surveyed and unsurveyed lands. Case-Laws Income Tax Mon, 08 Feb 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8236