https://www.taxtmi.com/caselaws?id=21731 Section 65(3) of the Tamil Nadu Agricultural Income-tax Act permits composition only when the statutory conditions are cumulatively met, including income from land held individually by the partner and the partner's proportionate share in firm-held land. The composition scheme is a concessional commutation, not a mode of assessment, and a firm cannot secure the benefit indirectly through its partners where the partners hold no land in their individual capacity. On that footing, partners without individual land holdings were disentitled to composition, and the refusal of compounding relief was upheld. en-us Tue, 21 Mar 1989 00:00:00 +0530 Sun, 02 May 2010 23:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21731 Section 65(3) of the Tamil Nadu Agricultural Income-tax Act permits composition only when the statutory conditions are cumulatively met, including income from land held individually by the partner and the partner's proportionate share in firm-held land. The composition scheme is a concessional commutation, not a mode of assessment, and a firm cannot secure the benefit indirectly through its partners where the partners hold no land in their individual capacity. On that footing, partners without individual land holdings were disentitled to composition, and the refusal of compounding relief was upheld. Case-Laws Income Tax Tue, 21 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21731