Agricultural Cash Deposits Not Entire Income, Only Profit Taxable

Varshaben Chauhan Vs ITO (ITAT Rajkot) Agricultural Cash Deposits Not Entire Income: ITAT Rajkot Restricts Addition to 10%-No 115BBE for Agricultural Cash Flow: The Rajkot Bench (SMC) of the ITAT, vide order dated 31.12.2025 in Varshaben Chauhan v. ITO, Jamnagar (ITA No. 689/RJT/2025, AY 2020-21), partly allowed the assessee’s appeal and substantially reduced the addition made on account of cash deposits in a bank account. The assessee, an individual agriculturist, had not filed a return of income as her entire income comprised agricultural income exempt from tax. Based on information recei...