https://www.taxtmi.com/caselaws?id=199744 Where tea is grown and manufactured as a single integrated commercial unit with common management, labour, accounts and processing facilities, the agricultural income attributable to it cannot be recomputed by artificially splitting expenses and receipts for a minor territorial segment on an acreage basis. The court held that the higher yield from one portion of the estate did not justify treating that portion as a separate profit-making unit, and the taxing authority had no legally sustainable basis to depart from the composite computation. The reassessment and remand were set aside, and assessment was directed to proceed on the basis of the Central Income Tax computation. en-us Wed, 09 Dec 1964 00:00:00 +0530 Sat, 10 Mar 2018 12:47:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199744 Where tea is grown and manufactured as a single integrated commercial unit with common management, labour, accounts and processing facilities, the agricultural income attributable to it cannot be recomputed by artificially splitting expenses and receipts for a minor territorial segment on an acreage basis. The court held that the higher yield from one portion of the estate did not justify treating that portion as a separate profit-making unit, and the taxing authority had no legally sustainable basis to depart from the composite computation. The reassessment and remand were set aside, and assessment was directed to proceed on the basis of the Central Income Tax computation. Case-Laws Income Tax Wed, 09 Dec 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199744