Penalty u/s 271(1)(c) - Assessee wrongly claimed the income as agricultural income - One of the strange...

Penalty u/s 271(1)(c) - Assessee wrongly claimed the income as agricultural income - One of the strange features in the kind of arrangement or documentation of the assessee is that in case of no yield or damage of crop, the expenses on labour or service or fertilizer etc. has to be borne by the farmer because in absence of no crop, there would be no procurement price to the farmer and the farmer will get nothing. In such circumstances, how the assessee could explain that the cultivation has been..... .....

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