https://www.taxtmi.com/caselaws?id=22508 Section 7 requires agricultural income to be computed under the assessee's method of accounting, and the first proviso applies only where no regular method is employed or the Assessing Officer records that income cannot properly be deduced from that method. The second proviso and rule 9(c) on Coffee Board rates operate only within that statutory precondition and do not permit rejection of the assessee's valuation merely because it is lower than a three-year average. On the stated facts, no finding supported the statutory opinion requirement, so rule 9(c) could not be used to enhance the coffee income valuation. en-us Thu, 03 Jan 1991 00:00:00 +0530 Thu, 10 Dec 2009 17:07:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22508 Section 7 requires agricultural income to be computed under the assessee's method of accounting, and the first proviso applies only where no regular method is employed or the Assessing Officer records that income cannot properly be deduced from that method. The second proviso and rule 9(c) on Coffee Board rates operate only within that statutory precondition and do not permit rejection of the assessee's valuation merely because it is lower than a three-year average. On the stated facts, no finding supported the statutory opinion requirement, so rule 9(c) could not be used to enhance the coffee income valuation. Case-Laws Income Tax Thu, 03 Jan 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22508