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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Unexplained cash deposit in assessee’s bank account - proof of ...


Taxpayer's Claim of Agricultural Income from Poplar Tree Sales Denied Due to Insufficient Evidence on Cash Deposits.

August 26, 2017

Case Laws     Income Tax     AT

Unexplained cash deposit in assessee’s bank account - proof of primary activities for earning agricultural income - In absence of any reliable and cogent material, claim of assessee for sale of poplar tree for exempt agricultural income cannot be accepted.

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