Levy of tax on income derived from sale of saplings - Charging ...

Income from Sapling Sales Exempt from Taxation Under Bengal Agricultural Income Tax Act, 1944.

March 8, 2024

Case Laws Income Tax HC

Levy of tax on income derived from sale of saplings - Charging Section 3 of the Bengal Agricultural Income Tax Act, 1944 - The High Court held that Saplings are not considered "tea" based on common parlance and dictionary meanings. - The Tea Act, 1953's definition of "tea" is not applicable to the Act of 1944. - Income from saplings is not subject to tax under Section 3.

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Levy of tax on income derived from sale of saplings - Charging ...

Income from Sapling Sales Exempt from Taxation Under Bengal Agricultural Income Tax Act, 1944.

March 8, 2024

Case Laws Income Tax HC

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