Travancore Rubber & Tea Co. Ltd. vs Commissioner Of Agricultural Income Tax

Whether expenses incurred for upkeep and maintenance of immature rubber plants in a plantation containing both mature and immature trees are deductible under Section 5(j) of the Travancore-Cochin Agricultural Income Tax Act, 1950, which allows expenditure laid out wholly and exclusively for deriving agricultural income --- Held Yes, such expenses are deductible as revenue expenditure against the profits of the plantation as a whole, even if the immature trees do not yield income in the relevant accounting year.