https://www.taxtmi.com/caselaws?id=346387 Income derived from floriculture and tissue culture was treated as agricultural income because the Tribunal found the operations involved basic cultivation on land, with greenhouse and nurturing processes not altering the agricultural character of the produce. It followed its earlier decisions on identical facts in the assessee's own prior years and held that the existence of a greenhouse or tissue culture setup did not convert the activity into non-agricultural business activity. The income was therefore covered by the definition of agricultural income and remained eligible for exclusion under section 10(1). en-us Thu, 30 Mar 2017 00:00:00 +0530 Fri, 11 Aug 2017 08:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346387 Income derived from floriculture and tissue culture was treated as agricultural income because the Tribunal found the operations involved basic cultivation on land, with greenhouse and nurturing processes not altering the agricultural character of the produce. It followed its earlier decisions on identical facts in the assessee's own prior years and held that the existence of a greenhouse or tissue culture setup did not convert the activity into non-agricultural business activity. The income was therefore covered by the definition of agricultural income and remained eligible for exclusion under section 10(1). Case-Laws Income Tax Thu, 30 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346387