Matter of addition u/s. 68 restored back to demonstrate genuineness of agricultural sales

Chhagan Chandrakant Bhujbal Vs ITO (ITAT Mumbai)

ITAT Mumbai restored the matter of addition under section 68 towards agricultural income since all facts and records for sales are not brought on record. ITAT directed assessee to demonstrate that sales made to parties are genuine.

Facts- The present appeal has been preferred by the assessee. The assessee is mainly aggrieved by addition of Rs.21,23,463/- confirmed by the ld. CIT(A), out of total addition made by the ld. AO of Rs.50,19,100/- on account of disallowance of claim of agricultural income added u/s 6

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