https://www.taxtmi.com/caselaws?id=346326 Turnkey plantation receipts were held to qualify as agricultural income only to the extent they arose from cultivation and nursery development on the assessee's own land. The post-transplantation stage, carried out on the customer's land, was treated as a separate contractual service because its immediate source was the service arrangement, not land owned or used by the assessee. The Court further held that the post-transplantation receipts did not fall within clause (b)(ii) or clause (b)(iii) of the statutory definition, as there was no proof of an ordinary cultivator's market-making process and no sale of agricultural produce from the customer's land. The remaining receipts were taxable business income. en-us Thu, 03 Aug 2017 00:00:00 +0530 Fri, 15 Dec 2017 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346326 Turnkey plantation receipts were held to qualify as agricultural income only to the extent they arose from cultivation and nursery development on the assessee's own land. The post-transplantation stage, carried out on the customer's land, was treated as a separate contractual service because its immediate source was the service arrangement, not land owned or used by the assessee. The Court further held that the post-transplantation receipts did not fall within clause (b)(ii) or clause (b)(iii) of the statutory definition, as there was no proof of an ordinary cultivator's market-making process and no sale of agricultural produce from the customer's land. The remaining receipts were taxable business income. Case-Laws Income Tax Thu, 03 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346326