https://www.taxtmi.com/caselaws?id=61213 The Tribunal dismissed the Revenue's reference application, affirming its decision to accept the assessee's appeal. It found that the land in question was agricultural in nature based on factual evidence and the lease deed's terms, despite the possibility of other uses due to the lease's duration. The Tribunal concluded that no referable question of law arose and upheld the assessee's position, determining that the lease rent should not be taxed as income from other sources. en-us Mon, 25 Oct 1982 00:00:00 +0530 Tue, 11 Jan 2011 13:20:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61213 The Tribunal dismissed the Revenue's reference application, affirming its decision to accept the assessee's appeal. It found that the land in question was agricultural in nature based on factual evidence and the lease deed's terms, despite the possibility of other uses due to the lease's duration. The Tribunal concluded that no referable question of law arose and upheld the assessee's position, determining that the lease rent should not be taxed as income from other sources. Case-Laws Income Tax Mon, 25 Oct 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61213