https://www.taxtmi.com/caselaws?id=37885 Section 5(j) of the Agricultural Income-tax Act, 1950 permits deduction of expenditure laid out wholly and exclusively for deriving agricultural income, and that expression must be given a broad and comprehensive meaning. The Kerala HC noted that the Tribunal erred by treating deductions under the Indian Income-tax Act, 1922 as not necessarily comparable without properly examining the scope of the two provisions and without applying the wider test required by section 5(j). On that footing, the Tribunal's approach was unsustainable, and the matter was remitted for rehearing and fresh disposal in accordance with law. en-us Thu, 19 Oct 1978 00:00:00 +0530 Thu, 01 Apr 2010 15:52:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37885 Section 5(j) of the Agricultural Income-tax Act, 1950 permits deduction of expenditure laid out wholly and exclusively for deriving agricultural income, and that expression must be given a broad and comprehensive meaning. The Kerala HC noted that the Tribunal erred by treating deductions under the Indian Income-tax Act, 1922 as not necessarily comparable without properly examining the scope of the two provisions and without applying the wider test required by section 5(j). On that footing, the Tribunal's approach was unsustainable, and the matter was remitted for rehearing and fresh disposal in accordance with law. Case-Laws Income Tax Thu, 19 Oct 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37885