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2019 (1) TMI 103 - AT - Income TaxDetermination of total income - assessment of agricultural income - Held that:- The assessee has not brought on record any detail or evidence about item produced, quantity produced, sale price and details of expenses incurred such as seeds, fertilizer, labour charges and cost of transportation of produce to the market etc. The assessee has declared income of ₹ 2.80 Lakhs and exempt income (agriculture) of ₹ 25 Lakhs which has been accepted by the AO to the extent of ₹ 17 Lakhs on the basis of the detailed report of the Horticulture Department regarding realistic income. Before CIT(A) also, the assessee has not produced any details or evidence regarding quantity of crops sold, date on which sold, the cost of expenditure incurred, the rate at which sold etc. Before the Tribunal also, no such details are brought on record along with details of expenses incurred. The assessee has simply stated in Schedule 4 of statement of income that there is gross receipt of agricultural income of ₹ 27.50 Lakhs, expenditure of ₹ 2.50 Lakhs and Net income of ₹ 25 Lakhs. Under this factual position, find no reason to interfere in the order of CIT(A) on this issue. - decided against assessee.
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