Rubber Replantation & Upkeep Costs Held Revenue Expenditure After Full Bench Ruling

Rehabilitation Plantations Limited Vs State of Keral (Kerala High Court) The Kerala High Court (Kerala High Court) considered two sets of tax cases filed by an assessee under Section 78 of the Kerala Agricultural Income Tax Act, 1991. The first set challenged multiple orders passed by the Kerala Agricultural Appellate Tribunal between March and May 2022, while the second set challenged the Tribunal’s order dated 12.03.2024 rejecting review petitions filed by the assessee. The core issue before the Court was whether the assessee was entitled to deduction of expenditure incurred on replantatio...