S.S. Rajalinga Raja vs State Of Madras

Whether agricultural income under the Madras Plantations Agricultural Income Tax Act, 1955, accrues upon receipt of agricultural produce or upon its sale/use --- Held: Income accrues upon sale, consumption, or use of the produce, not upon mere receipt. Whether income from sale of accumulated stock from previous years is taxable in the current year if tax was compounded for those years --- Held: Yes, taxable in the year of sale unless proven that specific stock was taxed earlier.