https://www.taxtmi.com/caselaws?id=290025 A one-off receipt under a private mining arrangement was not taxable as business profits because the recipient acquired no proprietary interest in the property and was not carrying on a business of dealing in mines or concessions; it was also outside income from other sources because it was casual and non-recurring. The fee deposited with an application for reference under the statutory reference procedure was treated as part of the costs of the reference and was refundable in the Court's discretion, consistent with the practice adopted by High Courts. en-us Mon, 03 Jul 1933 00:00:00 +0530 Sat, 05 Sep 2020 10:22:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290025 A one-off receipt under a private mining arrangement was not taxable as business profits because the recipient acquired no proprietary interest in the property and was not carrying on a business of dealing in mines or concessions; it was also outside income from other sources because it was casual and non-recurring. The fee deposited with an application for reference under the statutory reference procedure was treated as part of the costs of the reference and was refundable in the Court's discretion, consistent with the practice adopted by High Courts. Case-Laws Income Tax Mon, 03 Jul 1933 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290025