https://www.taxtmi.com/caselaws?id=18571 In computing tea income for Assam agricultural income-tax, the State officer may ordinarily rely on the central computation but may reject it if it is not made in accordance with the Income-tax Act, 1961 and the Income-tax Rules, 1962; the proviso to rule 5 was therefore treated as valid. A deduction under section 80HHC is a profit-linked export deduction, not a business-expense deduction, and could not be allowed before applying rule 8 to split tea income between business and agricultural components. Reassessment under section 30 was upheld because the notice alleged that section 80HHC had been wrongly allowed before rule 8, creating escapement of agricultural income. en-us Thu, 21 Sep 1995 00:00:00 +0530 Thu, 01 Oct 2009 16:39:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18571 In computing tea income for Assam agricultural income-tax, the State officer may ordinarily rely on the central computation but may reject it if it is not made in accordance with the Income-tax Act, 1961 and the Income-tax Rules, 1962; the proviso to rule 5 was therefore treated as valid. A deduction under section 80HHC is a profit-linked export deduction, not a business-expense deduction, and could not be allowed before applying rule 8 to split tea income between business and agricultural components. Reassessment under section 30 was upheld because the notice alleged that section 80HHC had been wrongly allowed before rule 8, creating escapement of agricultural income. Case-Laws Income Tax Thu, 21 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18571