https://www.taxtmi.com/caselaws?id=275693 Profits from cultivating aloe plants and preparing sisal fibre were treated as agricultural income because the statutory concept of agricultural income includes processes ordinarily employed by a cultivator to make produce fit for market. On the facts, aloe fibre cultivation was not shown to exist as an established commercial activity apart from the assessee's own operations, and there was no real open market for aloe leaves. The Revenue's reliance on jail manufacture was rejected as not reflecting an ordinary cultivator's process or a true market standard. The fibre-preparation activity was therefore regarded as part of the agricultural operation itself, and the resulting profit was exempt from tax. en-us Mon, 25 Nov 1929 00:00:00 +0530 Fri, 12 Oct 2018 18:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275693 Profits from cultivating aloe plants and preparing sisal fibre were treated as agricultural income because the statutory concept of agricultural income includes processes ordinarily employed by a cultivator to make produce fit for market. On the facts, aloe fibre cultivation was not shown to exist as an established commercial activity apart from the assessee's own operations, and there was no real open market for aloe leaves. The Revenue's reliance on jail manufacture was rejected as not reflecting an ordinary cultivator's process or a true market standard. The fibre-preparation activity was therefore regarded as part of the agricultural operation itself, and the resulting profit was exempt from tax. Case-Laws Income Tax Mon, 25 Nov 1929 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275693