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2019 (9) TMI 190 - AT - Income TaxIncome from other sources - revised return of income filed to reduce the agricultural income - failure to prove large agricultural income - HELD THAT:- Assessee has filed revised return of income during assessment proceedings reducing the agricultural income. Though this revised return was not accepted by the assessing officer, but, it would show that assessee has in fact not earned huge agricultural income. The assessee in the earlier year as well as in subsequent years have shown meager agricultural income ranges from ₹ 5 lacs to ₹ 8 lacs only. The assessee did not produce any sufficient documentary evidences before the authorities below to claim huge agricultural income of ₹ 24,78,544/- earned out of small agricultural land holdings. The agreement with Shri Rajesh was executed on 8th June 2017 i.e., after closure of the financial year relevant to assessment year under appeal. Therefore, it is concocted and fabricated by the assessee. Conduct of the assessee in changing stand at different level and claiming lesser agricultural income before the authorities below would clearly show that authorities below were very reasonable in estimating the agricultural income at ₹ 14 lacs, though the assessee claimed lesser amount of the same subsequently. Therefore, authorities below were justified in considering as income from other sources. - Dismiss the appeal of the assessee.
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