1979 (9) TMI 111

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..... on the ground that no business was done by the assessee and the rent received by the lease of the tea estate under a lease-deed dt. 28th August 1965 was income from other sources to which r. 8 of the IT Rules was not applicable. 2. On appeal, the AAC was of the opinion that the lease was a composite one and the land attributable to the agricultural lands could not be brought to tax. He according .....

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..... ory and other buildings. Reliance was placed in the decision of the Calcutta High Court in AIR 1938 Cal 589. It was also submitted that in a similar lease, rent received was held to be exempt under r. 8 in the case of Harocharai Tea Company 1977 CTR (Gau) 229 : (1978) 111 ITR 495 (Gau). 5. On the consideration of the rival submissions, we are of the opinion that there are no merits in this appea .....

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