Income Tax - Started By: - ROHIT GOEL - Dated:- 13-2-2018 Last Replied Date:- 2-6-2018 - Hi,If land is purchased with standing trees and later on these trees are sold, would it be right to not treat the income as agriculture income just because basic operations were not performed by assessee himself but by the previous owner? - Reply By KASTURI SETHI - The Reply = Standing trees which are attached to earth are an immovable property. See judgement of Supreme Court in the case of CST Vs. Husenali & Co. = 1959 (4) TMI 20 - SUPREME COURT OF INDIA - Reply By Kishan Barai - The Reply = Rightly coined by Kasturi Sir, but you can make an agreement in NON Judicial stamp paper that fruits acquired from it would be under the ownership of your friend & can get the token amount from your friend on yearly basis. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = It will not be treated as agricultural income. - Reply By Ganeshan Kalyani - The Reply = i read that if tree is cut along with its ro

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