Tag: agricultural income
Onus is on assessee to substantiate agricultural income and exemption provisions are to be strictly construed – ITAT ABCAUS Neutral Case Law Citation:ABCAUS 3690 (2023) (03) ITAT Important Case Laws relied upon by parties:CIT v Raja Benoy Kumar Sahas Roy (1957) 32 ITR 466 (SC)Mustafa Ali Khan v. …
Claim of agricultural income allowed in view of ownership of large land, girdwari and village sarpanch certificate ABCAUS Case Law CitationABCAUS 3436 (2021) (01) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in part confirming the additions made by the Assessing …
In absence of accounts/certificate of agriculture activity claimed to have been carried out, mere affidavit not sufficient to discharge the burden ABCAUS Case Law Citation:ABCAUS 3257 (2020) (02) HC Important case law relied upon by the parties:Smt. Prem Sundari vs. CIT The appellant assessee was engaged in the …
Addition made for excess agriculture productivity of fruits quashed. No disallowance can be made merely on basis of report of Agriculture Officer ABCAUS Case Law Citation:ABCAUS 3182 (2019) (10) ITAT Addition made for excess agriculture productivity In the instant case, appeal was filed by the assessee against …
Assessee should maintain accounts pertaining to entire agriculture activity to substantiate the claim of agriculture income – ITAT ABCAUS Case Law Citation:ABCAUS 3067 (2019) (07) ITAT Important Case Laws Cited/relied upon by the parties:Smt. Prem Sundari vs. CIT The present appeal was filed by the assessee against the …
Sericulture income from sale of cocoons taxed @ 50% being not agricultural income following judgment of the Hon’ble Supreme Court ABCAUS Case Law Citation: ABCAUS 2980 (2019) (05) ITAT Important Case Laws Cited/relied upon by the parties: L. Basavaraj Vs. ACIT (2015) 61 taxmann.com 67 (Karn) Lakshmanan & …
Agriculture income can only be estimated by considering land holding size. Even big farmers not maintain details expected by Tax Authorities – ITAT ABCAUS Case Law Citation: ABCAUS 2823 (2019) (03) ITAT Important Case Laws Cited/relied upon by the parties Sumati Dayal, 214 ITR 801 Durga Prasad More, …
Sale of Edible white button mushroom held as agricultural income exempt u/s 10(1). Soil even when separated from land continues to be a specie of it – ITAT ABCAUS Case Law Citation: ABCAUS 2419 (2018) 07 ITAT The Hon’ble President ITAT had referred the following question to the …
No change in the GST law and taxation relating to farmers since July, 2017; Support Services to agriculture, forestry, fishing or animal husbandry are exempt from GST; Agriculturists are also exempted from taking GST Registration. Ministry of Finance Press Release 28th May, 2018 It has been reported in …
System error showing agricultural income in return to AO. Addition made deleted by the ITAT as in the ITR downloaded such income was NIL ABCAUS Case Law Citation: ABCAUS 1158 (2017) (03) ITAT Assessment Year : 2011-12 Brief Facts of the Case: The assessee filed her return …
