TMI Blog2022 (2) TMI 427X X X X Extracts X X X X X X X X Extracts X X X X ..... onfirmations, which have not been controverted. Next source of deposit as claimed as agricultural income assessee furnished Sale receipt of agricultural produce. CIT(A) did not accept the same on the ground that there was no corroborating evidence of agricultural operations and cultivation done. Again, the fact that the assessee was regularly into agricultural operations has not been denied - we are unable to comprehend the point of view canvassed by the ld. first appellate authority in the hue of the fact that the assessee did furnish sale receipt of agricultural produce which has not been found to be non-genuine or bogus and no contrary material has been placed on record by the Revenue. For the remaining source of deposit, the asses ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on 14-08-2020 in relation to the assessment year 2011-12. 2. The only issue raised in this appeal is against the confirmation of addition of ₹ 13,05,000/- in respect of cash deposited in the bank. 3. Tersely, the facts of the case are that the assessee has been a salaried employee at the material time and now a retired person. A sum of ₹ 15.05 lakh was deposited in his bank account, for which a notice u/s. 148 was issued. The assessee did not participate in the assessment proceedings, which resulted into an addition of the said sum. The ld. CIT(A) allowed relief of ₹ 2.00 lakh and reduced the addition to ₹ 13,05,000/-. Aggrieved thereby, the assessee has come up in appeal before the Tribunal. 4. I have heard ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ished Sale receipt of agricultural produce. The ld. CIT(A) did not accept the same on the ground that there was no corroborating evidence of agricultural operations and cultivation done. Again, the fact that the assessee was regularly into agricultural operations has not been denied. I am unable to comprehend the point of view canvassed by the ld. first appellate authority in the hue of the fact that the assessee did furnish sale receipt of agricultural produce which has not been found to be non-genuine or bogus and no contrary material has been placed on record by the Revenue. 6. For the remaining source of deposit, the assessee stated that a sum of ₹ 3,79,000/- was withdrawn from Dena Bank Agriculture Account of Sheela G. Bende, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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