Nursery income is Agriculture income

Depending on the facts, nursery income may or may not be agricultural income. We are giving here two HC judgements that will help you. You can always file a return for AY 07-08 claiming nursery income as agriculture income(if facts permit so) and this would not be concealment or furnishing inaccurate particulars of income. [1967] 65 ITR 364 (ALL.) HIGH COURT OF ALLAHABAD H.H. Maharaja Vibhuti Narain Singh vs.State of Uttar Pradesh S.C. MANCHANDA AND M.H. BEG, JJ. MISC. AGRL. IT REFERENCE NO. 191 OF 1964 OCTOBER 10, 1966 JUDGMENT The Assessee, Maharaja Vibhuti Narain Singh of Varanasi, was as...