https://www.taxtmi.com/caselaws?id=20062 An inspection report obtained after the close of the previous year may be relied on for assessing earlier-year agricultural income, because the statutory scheme allows post-year material to be used as relevant evidence on yield, cultivation expenses, rent and collection charges. The later findings are not an absolute bar; they must be adjusted to reflect the state of the holding in the earlier year, including effects of growth, deterioration or lapse of time. On the facts, the assessing authority made the necessary allowances, so the challenge to use of the later inspection report failed and the prior-year assessments were upheld. en-us Thu, 17 Mar 1994 00:00:00 +0530 Wed, 11 Nov 2009 14:08:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20062 An inspection report obtained after the close of the previous year may be relied on for assessing earlier-year agricultural income, because the statutory scheme allows post-year material to be used as relevant evidence on yield, cultivation expenses, rent and collection charges. The later findings are not an absolute bar; they must be adjusted to reflect the state of the holding in the earlier year, including effects of growth, deterioration or lapse of time. On the facts, the assessing authority made the necessary allowances, so the challenge to use of the later inspection report failed and the prior-year assessments were upheld. Case-Laws Income Tax Thu, 17 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20062