Tea Saplings not Taxable under Bengal Agriculture Income Tax Act: Calcutta HC [Read Order]

Calcutta HC rules Tea saplings not liable to tax under Bengal Agriculture Income Tax Act
The Calcutta High Court - Income Tax - Tea Saplings - Bengal Agriculture - TAXSCAN

The Calcutta High Court ruled that tea saplings not liable to tax under the Bengal Agriculture Income Tax Act, 1944. The writ petition has been filed praying to quash the impugned order passed by the West Bengal Taxation Tribunal, Kolkata. The petitioner has also sought relief for a direction to the respondents to calculate depreciation…

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