1969 (12) TMI 37 - HC - Income Tax

Madras Agricultural Income Tax Act 1955 - expensiture incurred by the assessee for supplying vacancies in the re-planted area - deductibility

Summary

The High Court of Madras dismissed the tax case regarding re-planting expenditure, ruling that expenses for filling up vacancies in a re-planted area are considered as expenditure for the purpose of the land, falling under section 5(e) of the Act, not under the proviso to section 5(g). The Tribunal's decision was upheld, and no other legal questions were raised.