Addition for unexplained agricultural expenditure u/s 69C deleted. Agricultural expenses depend on so many factors which were ignored by Assessing…
Creditworthiness proved when agricultural income not accepted by the Department in toto but the portion not accepted treated income from…
No presumption that if assessee owns some agricultural land, agricultural income arises automatically – Supreme Court dismisses SLP An income…
Onus is on assessee to substantiate agricultural income and exemption provisions are to be strictly construed - ITAT ABCAUS Neutral…
Claim of agricultural income allowed in view of ownership of large land, girdwari and village sarpanch certificate ABCAUS Case Law…
In absence of accounts/certificate of agriculture activity claimed to have been carried out, mere affidavit not sufficient to discharge the…
Addition made for excess agriculture productivity of fruits quashed. No disallowance can be made merely on basis of report of…
Assessee should maintain accounts pertaining to entire agriculture activity to substantiate the claim of agriculture income - ITAT ABCAUS Case…
Sericulture income from sale of cocoons taxed @ 50% being not agricultural income following judgment of the Hon'ble Supreme Court…
Agriculture income can only be estimated by considering land holding size. Even big farmers not maintain details expected by Tax…