In the absence of nexus between sale of agricultural produce and introduction of cash in capital account the addition made by AO was to be upheld

Brijesh Dilipbhai Patel Vs. Asst. CIT In the ITAT, Ahmedabad B Bench ITA No. 3407/Ahd/2008 9 September, 2011 – A.Y. 2002- 03 ORDER This appeal filed on 14-10-2008 by the assessee against an order dated 23-07-2008 of the ld. CIT(Appeals)-IV, Baroda, for the Assessment Year 2002-03, raises following “(1) Ld. Commissioner of Income tax (Appeals-IV) has gravely erred in not appreciating the facts and proofs of agricultural income earned and introduced as capital of Rs.7,60,000/- and confirmed addition of it. Same may be deleted. (2) Ld. Commissioner of Income tax (A...