https://www.taxtmi.com/caselaws?id=39715 Rent derived from land used for agriculture was held not to qualify as agricultural income because the statutory conditions were not met by an unlawful levy. The Court construed "assessed to land revenue" and "assessed and collected" to mean a lawful assessment and lawful collection, not a de facto or refundable exaction. Examining the land revenue and local cess framework, it found no valid assessment of land revenue for the relevant period, and the later refund order confirmed that the earlier collection was illegal. The income therefore did not fall within the agricultural income definition and was not exempt under the 1922 Act. en-us Mon, 09 Jul 1973 00:00:00 +0530 Mon, 19 Apr 2010 17:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39715 Rent derived from land used for agriculture was held not to qualify as agricultural income because the statutory conditions were not met by an unlawful levy. The Court construed "assessed to land revenue" and "assessed and collected" to mean a lawful assessment and lawful collection, not a de facto or refundable exaction. Examining the land revenue and local cess framework, it found no valid assessment of land revenue for the relevant period, and the later refund order confirmed that the earlier collection was illegal. The income therefore did not fall within the agricultural income definition and was not exempt under the 1922 Act. Case-Laws Income Tax Mon, 09 Jul 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39715