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TMI Blog2023 (4) TMI 129X X X X Extracts X X X X X X X X Extracts X X X X ..... (A). Assessee also claimed expenditure for earning agricultural income and has given the relevant receipts/bills to that effect. All these components were not taken into account by the CIT(A) and simply stated that the assessee cannot hold such a large land and cannot earn that much income. But the detail submission alongwith annexure has explained that the assessee was earning agricultural income which is exempt with the supporting documents such as copy of bills and vouchers and also agricultural receipts and expenses. Addition made by AO as well as the enhancement done by the CIT(A) was not justifiable. Hence, the appeal of the assessee is allowed. - I.T.A. No. 285/Rjt/2019 - - - Dated:- 20-1-2023 - Ms. Suchitra Kamble, Judicial M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 66,000/- deposited in cash in saving bank account is escaped the assessment. After recording the reasons dated 21.03.2018 the Assessing Officer issued notice under Section 148 of the Act after obtaining prior approval of the competent authority. In response to notice under Section 148, the assessee replied vide letter dated 01.05.2018 and submitted that the assessee is a farmer and deposited cash from agricultural crops sale income. The assessee submitted Form No. 8A, Form 7A and Form 12 of agricultural land ledger. The Assessing Officer held that the assessee failed to explain the nature source of income and therefore made addition of Rs. 7,98,500/-. 4. Being aggrieved by the assessment order the assessee filed appeal before the CIT(A). ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ral crop sale was properly given as per the Form No. 8A, Form No. 7A and Form 12 all agricultural land ledger. All these documents were submitted before the Assessing Officer as well as CIT(A). The assessee also claimed expenditure of Rs. 3,00,000/- for earning agricultural income and has given the relevant receipts/bills to that effect. All these components were not taken into account by the CIT(A) and simply stated that the assessee cannot hold such a large land and cannot earn that much income. But the detail submission alongwith annexure has explained that the assessee was earning agricultural income which is exempt with the supporting documents such as copy of bills and vouchers and also agricultural receipts and expenses. Therefore, t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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