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ITAT Bangalore remands addition U/s 69A on alleged bogus agricultural income; directs fresh verification of evidence
Case Law Details
- Case Name
- Kanakapura Venkataramanaswamy Madhusudhan Karthik Vs ITO (ITAT Bangalore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2020-21
- Courts
- All ITAT, ITAT Bangalore
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Kanakapura Venkataramanaswamy Madhusudhan Karthik Vs ITO (ITAT Bangalore)
ITAT Bangalore remands addition U/s 69A on alleged bogus agricultural income; directs fresh verification of evidence
In this case, the Bangalore ITAT dealt with disallowance of agricultural income of ₹29.86 lakh, which was treated by the AO as unexplained money u/s 69A. The assessee had claimed such income as exempt u/s 10(1) from cultivation of coconut and guava on 5.75 acres of land (owned by father).
AO rejected the claim based on multiple factors :
Land was not in assessee’s name, and no forma...
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