Earning agricultural income does not solely depend on land ownership

Lalit Kumar Vs ITO (ITAT Chandigarh)

In the recent case of Lalit Kumar Vs ITO, the Income Tax Appellate Tribunal (ITAT) Chandigarh made a notable ruling regarding the classification of agricultural income. The tribunal overruled the earlier classification of an assessee’s agricultural income as income from undisclosed sources and deleted the addition accordingly.

Lalit Kumar, the appellant, had declared agricultural income of Rs. 2,50,000/- during the tax year 2011-2012. The lower au

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