Huge Agricultural Income Accepted as Genuine – No Contrary Evidence from AO

Vinubhai Keshavbhai Rabadiya Vs ITO (ITAT Surat)

Huge Agricultural Income Accepted as Genuine  – No Contrary Evidence from AO – Onus Discharged, Addition Unsustainable

Assessee declared agricultural income of ₹26,20,240 for AY 2016-17, compared to ₹4,04,995 in preceding year. AO treated ₹20,65,295 as unexplained “excess” agricultural income & disallowed expenses, alleging inflated claim. CIT(A) confirmed the addition.

Before Tribunal, Assessee explained that agricultural land was jointly held with family

Please become a Premium member. If you are already a Premium member, login here to access the full content.