Mere holding of Agricultural land not proves earning of agriculture income

Sharma Tyagi Vs. ITO (ITAT Delhi)

Assessee did not submit any evidence of earning of any agriculture income by the assessee in assessment year under appeal. No agriculture income was shown in the return of income filed on issue of notice under section 142(1) of the Act. The assessee did not have any evidence of accumulation of past agriculture income. Merely because assessee was holding agricultural land holdings of 20 bigas would not prove that assessee earned any agricultural income or has any past savings

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