https://www.taxtmi.com/caselaws?id=38665 Income derived by an owner from slaughter tapping of his own old rubber trees is treated as agricultural income under clause (a) of section 2 of the Kerala Agricultural Income-tax Act, 1950. The decisive distinction is between a person who merely acquires a right to slaughter-tap and an owner who taps his own trees: earlier cases involving purchasers or transferees turned on the absence of an interest in the land and on mixed consideration, including possible capital value of the trees. Where the assessee personally carried out the tapping, the rubber remained produce of land used for agricultural purposes, with no sale of trees or capital component in the receipt. en-us Fri, 29 Jun 1973 00:00:00 +0530 Thu, 08 Apr 2010 10:56:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38665 Income derived by an owner from slaughter tapping of his own old rubber trees is treated as agricultural income under clause (a) of section 2 of the Kerala Agricultural Income-tax Act, 1950. The decisive distinction is between a person who merely acquires a right to slaughter-tap and an owner who taps his own trees: earlier cases involving purchasers or transferees turned on the absence of an interest in the land and on mixed consideration, including possible capital value of the trees. Where the assessee personally carried out the tapping, the rubber remained produce of land used for agricultural purposes, with no sale of trees or capital component in the receipt. Case-Laws Income Tax Fri, 29 Jun 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38665