https://www.taxtmi.com/caselaws?id=276980 Compensation for the temporary use and occupation of requisitioned property, excluding sums specifically paid for building repairs, was treated as revenue in character because it substituted for income from the asset's use; it was not a capital receipt. The receipt, after deduction of tending expenses, also did not qualify as agricultural income because the land was requisitioned and not actually used for agriculture during the relevant year. In the absence of proof that the omitted appeal grounds had been pressed, and with no illegality shown in the tax authorities' estimates, no mandamus or certiorari was warranted. The writ petition was rejected. en-us Tue, 29 Mar 1955 00:00:00 +0530 Wed, 21 Nov 2018 15:28:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276980 Compensation for the temporary use and occupation of requisitioned property, excluding sums specifically paid for building repairs, was treated as revenue in character because it substituted for income from the asset's use; it was not a capital receipt. The receipt, after deduction of tending expenses, also did not qualify as agricultural income because the land was requisitioned and not actually used for agriculture during the relevant year. In the absence of proof that the omitted appeal grounds had been pressed, and with no illegality shown in the tax authorities' estimates, no mandamus or certiorari was warranted. The writ petition was rejected. Case-Laws Income Tax Tue, 29 Mar 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276980