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2022 (1) TMI 123 - AT - Income TaxAgricultural income - enhancement made on account of agricultural income - HELD THAT:- Issue decided in favour of assessee [2022 (1) TMI 52 - ITAT SURAT] we find no reason to interfere in the said order of the Division Bench, therefore respectfully following the judgment of the Division Bench in assessee’s own group cases, we delete the addition made by the Assessing Officer and we also delete the agricultural income enhanced by the ld. CIT(A). We note that in a few group of assessees’ Assessing Officer made addition as the assessee has travelled/made investment. The Ld. counsel contended that small expenditure incurred for travel and investment etc. were out of the agricultural income. The small cash deposit was made in to bank account out of agriculture income and the said issue has been dealt with by us in assessee’s own group cases. Addition on account of unexplained jewellery - No evidence in the form of invoice and the payment made by the assessee were found during the course of search. Further it is submitted that there was no seizure of the jewellery in the course of the search as the jewellery held by the assessee and other family members were within the permissible limit of the CBDT vide Instruction No. 1916 dated 11.05.1994. In such case, no addition can be made.
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