ITAT Chandigarh Sets Aside Best-Judgment Order Treating Agricultural Income as Other Sources

Parmod Kumar Negi Vs ITO (ITAT Chandigarh) ITAT Chandigarh: Best-Judgment Assessment Treating Agricultural Income as ‘Other Sources’ Set Aside for Fresh Opportunity The Income Tax Appellate Tribunal allowed the assessee’s appeal for AY 2018-19 for statistical purposes, restoring the matter to the Assessing Officer for de novo assessment. In the original proceedings, the AO had completed a best-judgment assessment under section 144 and treated the assessee’s declared agricultural income of ₹33.24 lakh as income from other sources, citing non-compliance by the assessee. The CIT(A) uphe...