https://www.taxtmi.com/caselaws?id=277212 Agricultural income excluded from the Burma Income-Tax Act cannot be mixed with taxable business receipts for purposes of deduction under Section 10(2)(ix). The allowance for business expenditure is limited to expenses incurred solely to earn profits or gains chargeable under the Act, so outgoings attributable to agricultural receipts are not deductible against taxable business income. The court also rejected reliance on Section 12, holding that it did not expand the restricted scope of Section 10. The assessee was therefore denied deduction of expenditure incurred in earning agricultural income, and the reference was answered against the assessee. en-us Thu, 03 Feb 1938 00:00:00 +0530 Thu, 29 Nov 2018 10:30:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277212 Agricultural income excluded from the Burma Income-Tax Act cannot be mixed with taxable business receipts for purposes of deduction under Section 10(2)(ix). The allowance for business expenditure is limited to expenses incurred solely to earn profits or gains chargeable under the Act, so outgoings attributable to agricultural receipts are not deductible against taxable business income. The court also rejected reliance on Section 12, holding that it did not expand the restricted scope of Section 10. The assessee was therefore denied deduction of expenditure incurred in earning agricultural income, and the reference was answered against the assessee. Case-Laws Income Tax Thu, 03 Feb 1938 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277212