https://www.taxtmi.com/caselaws?id=8453 Excess agricultural land that could no longer be lawfully owned after the Land Reforms Act came into force was not treated as land "held" for the purpose of denying exemption under the Agricultural Income-tax Act. The article explains that the concept of "holding" under both enactments depended on lawful ownership, not mere physical possession, so continued occupation of ceiling-surplus land did not amount to ownership in law. On that basis, the proviso to section 10(1) could not disqualify the assessee, and the refusal to consider revision of the composition assessment under section 65(9) rested on an incorrect equation of possession with ownership. The matter was therefore required to be reconsidered in accordance with law. en-us Tue, 23 Nov 1971 00:00:00 +0530 Wed, 15 Apr 2009 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8453 Excess agricultural land that could no longer be lawfully owned after the Land Reforms Act came into force was not treated as land "held" for the purpose of denying exemption under the Agricultural Income-tax Act. The article explains that the concept of "holding" under both enactments depended on lawful ownership, not mere physical possession, so continued occupation of ceiling-surplus land did not amount to ownership in law. On that basis, the proviso to section 10(1) could not disqualify the assessee, and the refusal to consider revision of the composition assessment under section 65(9) rested on an incorrect equation of possession with ownership. The matter was therefore required to be reconsidered in accordance with law. Case-Laws Income Tax Tue, 23 Nov 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8453