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2019 (12) TMI 628 - AT - Income TaxUndisclosed income introduced in the form of agricultural income - gross agricultural income shown by the assessee from the agricultural operation against which the assessee has claimed expenditure - expenditure claimed by the assessee is around 4.9% - HELD THAT:- CIT (A) has taken a reasonable percentage of 15% expenditure of the gross agricultural income and that too the agricultural income from agricultural operations excluding the income from sale of trees. Hence, in the facts and circumstances of the case as well as the prevailing conditions in the agricultural sector, the claim of the assessee cannot be accepted. The ld. CIT (A) has taken a reasonable view in estimating the expenditure at 15%.
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