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2015 (9) TMI 1350 - AT - Income TaxTreating the agricultural income as ‘income from other sources’ - Held that:- Exact quantum of agricultural income which could reasonably be earned from the agricultural land holding is a matter of debate or further enquiry, but, the fact that assessee is having agricultural income cannot be disputed or doubted considering the evidences brought on record by assessee. However, considering the fact that the entire receipts from agricultural operations is in cash and the expenditure incurred is also in cash and as alleged by the department they are not supported by proper vouchers, we are of the view that the matter requires examination by AO as far as quantum of agricultural income earned by assessee. Moreover, certificate dated 29/08/2011 obtained from Tahsildar, Kadiam only indicates the produce grown by assessee without mentioning the yield per acre or income which one can reasonably expected to earn annually from such land holding and sell of agricultural produce. If assessee is able to substantiate the net agricultural income shown by him with supporting evidence, the same has to be accepted, other wise, AO can estimate the agricultural income on a reasonable basis after giving an opportunity to assessee to establish his claim. With the aforesaid observations, we set aside the impugned order of ld. CIT(A) and remit the matter back to the file of AO for considering afresh after due opportunity of being heard to assessee. - Decided in favour of assessee for statistical purposes.
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