Discrepancy in Agricultural Income: ITAT Directs Probe of Assessee’s Operations

Sanjay Jayantibhai Patel Vs ITO (ITAT Ahmedabad)

Income Tax Appellate Tribunal (ITAT) Ahmedabad reviewed the case of Sanjay Jayantibhai Patel vs. ITO, concerning a discrepancy in the assessee’s reported agricultural income for the Assessment Year 2020-21. The assessee initially declared ₹64.68 lakh as agricultural income but later corrected it to ₹20 lakh, citing a calculation error. The National Faceless Appeal Centre (NFAC) upheld the addition of ₹64.68 lakh under Section 68 of the Income-tax Act, 1961. The ITAT noted that the Revenue had not thoroughly examined

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