https://www.taxtmi.com/caselaws?id=780158 Income from the sale of eucalyptus trees grown on dry agricultural land was treated as agricultural income under section 2(1A) of the Income-tax Act, 1961 because revenue records supported the land's agricultural character and the material showed planting and cultivation of the trees. The income was therefore derived from land used for agricultural purposes, satisfying the statutory test for exemption. On these facts, the disallowance made by the authorities below was held unsustainable. en-us Fri, 17 Oct 2025 00:00:00 +0530 Fri, 24 Oct 2025 09:18:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780158 Income from the sale of eucalyptus trees grown on dry agricultural land was treated as agricultural income under section 2(1A) of the Income-tax Act, 1961 because revenue records supported the land's agricultural character and the material showed planting and cultivation of the trees. The income was therefore derived from land used for agricultural purposes, satisfying the statutory test for exemption. On these facts, the disallowance made by the authorities below was held unsustainable. Case-Laws Income Tax Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780158