https://www.taxtmi.com/caselaws?id=49659 Receipts from forest leases and forest produce of spontaneous growth are not agricultural income where the assessee does not carry out basic agricultural operations on the soil itself. Income from the Bankura forest lease, taken on short terms for lump sums with rights to cut trees and jungle growth, was held not to be agricultural income and was not shown to be capital receipts displacing taxability. Income from the Kharagpur forest, derived from wild bamboo, sabai grass and timber, also failed to qualify as agricultural income because rotational felling, conservation and clearing around trees were only subsequent forestry operations. The governing principle is that forest growth of spontaneous origin does not become agricultural income merely because of conservation measures. en-us Thu, 23 May 1957 00:00:00 +0530 Mon, 08 Sep 2014 07:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49659 Receipts from forest leases and forest produce of spontaneous growth are not agricultural income where the assessee does not carry out basic agricultural operations on the soil itself. Income from the Bankura forest lease, taken on short terms for lump sums with rights to cut trees and jungle growth, was held not to be agricultural income and was not shown to be capital receipts displacing taxability. Income from the Kharagpur forest, derived from wild bamboo, sabai grass and timber, also failed to qualify as agricultural income because rotational felling, conservation and clearing around trees were only subsequent forestry operations. The governing principle is that forest growth of spontaneous origin does not become agricultural income merely because of conservation measures. Case-Laws Income Tax Thu, 23 May 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49659