https://www.taxtmi.com/caselaws?id=49552 Expenditure on the maintenance and upkeep of immature, non-bearing rubber trees was treated as deductible in computing agricultural income under the plantation agricultural income-tax provision, because the deduction covered sums laid out wholly and exclusively for the purpose of the plantation. The Madras enactment was regarded as at least as favourable as the corresponding Travancore-Cochin provision, and the earlier ruling on related outgoings for immature rubber trees, including forking and manuring, was applied to the assessment. On that basis, the expenditure was allowed as a deduction and the appeal failed. en-us Thu, 15 Dec 1960 00:00:00 +0530 Mon, 16 Aug 2010 11:54:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49552 Expenditure on the maintenance and upkeep of immature, non-bearing rubber trees was treated as deductible in computing agricultural income under the plantation agricultural income-tax provision, because the deduction covered sums laid out wholly and exclusively for the purpose of the plantation. The Madras enactment was regarded as at least as favourable as the corresponding Travancore-Cochin provision, and the earlier ruling on related outgoings for immature rubber trees, including forking and manuring, was applied to the assessment. On that basis, the expenditure was allowed as a deduction and the appeal failed. Case-Laws Income Tax Thu, 15 Dec 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49552