https://www.taxtmi.com/caselaws?id=387633 Agricultural income under section 2(1A) of the Income-tax Act is not confined to the owner of the land; income derived from agricultural land used for agricultural purposes may retain its character even when earned by a cultivator or other person carrying on agricultural operations. Ownership of the land is therefore not a mandatory condition, provided the income is shown to arise from agricultural operations on such land. On that basis, a firm may claim exemption for agricultural income cultivated through its partners even where the land is owned by the partners and not by the firm. en-us Tue, 30 Jul 2019 00:00:00 +0530 Sat, 26 Oct 2019 10:41:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387633 Agricultural income under section 2(1A) of the Income-tax Act is not confined to the owner of the land; income derived from agricultural land used for agricultural purposes may retain its character even when earned by a cultivator or other person carrying on agricultural operations. Ownership of the land is therefore not a mandatory condition, provided the income is shown to arise from agricultural operations on such land. On that basis, a firm may claim exemption for agricultural income cultivated through its partners even where the land is owned by the partners and not by the firm. Case-Laws Income Tax Tue, 30 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387633