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2018 (10) TMI 804 - AT - Income TaxAddition u/s 68 - AO treating the agricultural income as non agricultural income and invoking the provisions of section 68 - Held that:- Referring to assessee's own case for the assessment year 2009-2010 findings of the Assessing Officer was never dispelled by the assessee by placing contra evidence. Admittedly, the assessee was never the owner of the agricultural properties from where it is claimed that he was in receipt of agricultural income of ₹ 12,36,000. The assessee did not produce any documentary evidence to prove that he was in receipt of any agricultural income on account of any agricultural operation carried out by him. Therefore, we are of the view that the Income-tax Authorities have correctly held that the assessee was not in receipt of ₹ 12,36,000 as agricultural income. Having held ₹ 12,36,000 as not agricultural income, the sum that is credited to the book of account has to be necessarily added as income from other sources u/s 68 of the I.T.Act. Therefore, we see no reason to interfere with the order of the CIT(A) and we confirm the same - decided against assessee.
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