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2019 (5) TMI 179 - AT - Income TaxCharacterization of income - treating the agriculture income as income from other sources - Bills and the vouchers for agriculture produce was available for part income - assessee claimed that it has also earned agriculture income from sale of soyabean, fruits and vegetables for which no “mandi receipts” is available - AO accepted agriculture income only for which bill was produced - land jointly co-owned - HELD THAT:- Co-ordinate Bench in assessee’s own case [2016 (10) TMI 1255 - ITAT INDORE] for Assessment Year 2010-11 wherein the issue with regard to sale of agriculture products without bills and vouchers was considered and 30% of such sales was treated as income from other sources As out of the total claim of agriculture income of ₹ 22,78,600/- we allow the claim of agriculture income at ₹ 19,00,204/- and confirm the addition for income of ₹ 3,78,396/- to be treated as income from other sources thereby partly allowing the assessee’s appeal As land is jointly owned by three co-owners, we therefore applying our own decision in Para 12 above partly allow the assessee’s appeal by restricting the addition for income from other sources at ₹ 3,78,396/- and allow the claim of agriculture income at ₹ 19,00,204/- as against ₹ 22,78,600/- claimed by the assessee.
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