Addition of non-genuine agricultural income - AO not disputed ...
Debate Over Non-Genuine Agricultural Income: Estimating Income Per Acre vs. Documenting Every Transaction.
June 7, 2019
Case Laws Income Tax AT
Addition of non-genuine agricultural income - AO not disputed holdings of agricultural land - regular maintenance of books of accounts and documentary evidences for each and every transactions for agricultural operations for buying the seeds, labour charges, sale of produced, purchase of fertilizers etc. cannot be possible for various practical reasons - only remedy is estimation of income per acre
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