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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Treatment of agricultural income - as seen from the documents ...


Confirmation of Additions: Agricultural Income Clarified as Sale Proceeds, Not Lease Rentals, Transferred via Clerk.

April 7, 2016

Case Laws     Income Tax     AT

Treatment of agricultural income - as seen from the documents placed in the paper-book, these are not lease rentals received from the agricultural lands, but sale proceeds, which are stated to have been transferred from the place of agricultural lands to the assessee through clerk - additions confirmed - AT

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