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Issues involved: The judgment involves two main issues: a) Estimate of agricultural income, and b) Addition on account of low drawings towards personal expenses.
Estimate of agricultural income: The assessee, along with family members, owned 41.605 acres of land jointly cultivated without maintaining proper accounts. The Assessing Officer estimated agricultural income at &8377; 15,000/- per acre, resulting in a total of &8377; 80,850/-. The CIT (A) later reduced this estimate to &8377; 10,000/- per acre based on a remand report, leading to a revised income of &8377; 43,900/-. The ITAT found that no evidence was presented to disprove the joint cultivation claim. Considering the lack of supporting documents, the ITAT upheld the initial estimate of &8377; 15,000/- per acre, directing the AO to distribute the income equally among the assessee and family members. Estimate of personal expenses: The Assessing Officer estimated personal expenses at &8377; 1,00,000/-, differing from the declared &8377; 29,000/-, resulting in an addition of &8377; 71,000-. The assessee claimed NRI status during the relevant year, indicating no household expenses in India. Despite the AO accepting this claim, the CIT (A) confirmed the additional amount. The ITAT decided to set aside this issue for the AO to verify the assessee's residency status, remitting the matter for fresh consideration. In conclusion, the ITAT partially allowed the appeal, modifying the order related to agricultural income estimation and remanding the personal expenses issue for further assessment.
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