https://www.taxtmi.com/caselaws?id=277443 The Calcutta HC examined the meaning of agricultural income under the Indian Income Tax Act, 1918, and the procedural position of a reference under section 51. It treated the reference as akin to appellate jurisdiction, so Vakils could appear where the assessment lay outside the Court's ordinary original civil jurisdiction. On substance, a premium or selami paid for the fresh settlement of waste or abandoned land was treated as agricultural income because it formed part of the consideration for the tenancy and the capitalised value of rent. By contrast, a payment made merely to recognise a transfer of a holding, and illegal abwabs such as uttarayan, were not agricultural income. en-us Mon, 30 Aug 1920 00:00:00 +0530 Tue, 04 Dec 2018 13:23:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277443 The Calcutta HC examined the meaning of agricultural income under the Indian Income Tax Act, 1918, and the procedural position of a reference under section 51. It treated the reference as akin to appellate jurisdiction, so Vakils could appear where the assessment lay outside the Court's ordinary original civil jurisdiction. On substance, a premium or selami paid for the fresh settlement of waste or abandoned land was treated as agricultural income because it formed part of the consideration for the tenancy and the capitalised value of rent. By contrast, a payment made merely to recognise a transfer of a holding, and illegal abwabs such as uttarayan, were not agricultural income. Case-Laws Indian Laws Mon, 30 Aug 1920 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277443