https://www.taxtmi.com/caselaws?id=26629 Section 5(j) of the Kerala Agricultural Income-tax Act, 1950 allows deduction only where expenditure is wholly and exclusively incurred for deriving agricultural income and has a proximate nexus with that income. Applying that narrower test, expenditure on levelling land for a football ground, along with tractor charges connected to that activity, was not deductible because it did not satisfy the statutory connection with agricultural income. By contrast, cash in transit insurance and cash in safe insurance were treated as deductible under section 5(j), following an earlier decision covering the point. en-us Thu, 28 Nov 1985 00:00:00 +0530 Sat, 06 Feb 2010 14:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26629 Section 5(j) of the Kerala Agricultural Income-tax Act, 1950 allows deduction only where expenditure is wholly and exclusively incurred for deriving agricultural income and has a proximate nexus with that income. Applying that narrower test, expenditure on levelling land for a football ground, along with tractor charges connected to that activity, was not deductible because it did not satisfy the statutory connection with agricultural income. By contrast, cash in transit insurance and cash in safe insurance were treated as deductible under section 5(j), following an earlier decision covering the point. Case-Laws Income Tax Thu, 28 Nov 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26629