https://www.taxtmi.com/caselaws?id=67974 Nursery receipts were held to be exempt agricultural income where the cash memos showed no interpolation, the seasonal sales pattern matched rose plant , and the Revenue produced no reliable material to discredit the assessee's explanation. The partners' alleged withdrawals, by themselves, were insufficient to sustain an addition as undisclosed income. The disputed addition was therefore deleted and the receipts were treated as agricultural income exempt under section 10(1) of the Income-tax Act, 1961. en-us Mon, 16 Nov 1987 00:00:00 +0530 Wed, 16 Mar 2011 11:38:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67974 Nursery receipts were held to be exempt agricultural income where the cash memos showed no interpolation, the seasonal sales pattern matched rose plant , and the Revenue produced no reliable material to discredit the assessee's explanation. The partners' alleged withdrawals, by themselves, were insufficient to sustain an addition as undisclosed income. The disputed addition was therefore deleted and the receipts were treated as agricultural income exempt under section 10(1) of the Income-tax Act, 1961. Case-Laws Income Tax Mon, 16 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67974