https://www.taxtmi.com/caselaws?id=21625 Legal expenses incurred in litigation to protect title and possession over agricultural lands from which income arose were treated as deductible in computing agricultural income. The court reasoned that expenditure undertaken to safeguard the source of income, or to preserve title to the asset yielding that income, is allowable as a revenue deduction, and that the same principle applies in agricultural income-tax matters. On that basis, the assessee's litigation costs were allowed as a deduction and the Revenue's challenge failed. en-us Thu, 01 Nov 1990 00:00:00 +0530 Thu, 26 Nov 2009 11:27:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21625 Legal expenses incurred in litigation to protect title and possession over agricultural lands from which income arose were treated as deductible in computing agricultural income. The court reasoned that expenditure undertaken to safeguard the source of income, or to preserve title to the asset yielding that income, is allowable as a revenue deduction, and that the same principle applies in agricultural income-tax matters. On that basis, the assessee's litigation costs were allowed as a deduction and the Revenue's challenge failed. Case-Laws Income Tax Thu, 01 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21625