https://www.taxtmi.com/caselaws?id=35728 Auditor's fees for preparing an agricultural income-tax return were not deductible under section 5(j) because the provision allows only expenditure laid out wholly and exclusively for deriving agricultural income. Expenses connected with cultivation, crop management, processing for market, and transport may qualify, but return-preparation fees do not form part of the process of earning the income itself. The earlier Division Bench view was followed, and a later Supreme Court decision under a differently worded provision of the Income-tax Act was held inapplicable, so the disallowance was upheld. en-us Wed, 17 Dec 1980 00:00:00 +0530 Tue, 16 Mar 2010 13:14:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35728 Auditor's fees for preparing an agricultural income-tax return were not deductible under section 5(j) because the provision allows only expenditure laid out wholly and exclusively for deriving agricultural income. Expenses connected with cultivation, crop management, processing for market, and transport may qualify, but return-preparation fees do not form part of the process of earning the income itself. The earlier Division Bench view was followed, and a later Supreme Court decision under a differently worded provision of the Income-tax Act was held inapplicable, so the disallowance was upheld. Case-Laws Income Tax Wed, 17 Dec 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35728