https://www.taxtmi.com/caselaws?id=214141 The ITAT ruled in favor of the assessee regarding the genuineness of the will and the estimation of agricultural income, overturning the Assessing Officer's decisions. However, the issues concerning advances received for the sale of agricultural land and the amount received from the brother as arrears of past agricultural income were sent back to the AO for further examination due to insufficient inquiries. The ITAT found the AO's conclusions to be based on assumptions rather than concrete evidence, partially allowing the assessee's appeals for statistical purposes. en-us Fri, 15 Jun 2012 00:00:00 +0530 Tue, 19 Jun 2012 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214141 The ITAT ruled in favor of the assessee regarding the genuineness of the will and the estimation of agricultural income, overturning the Assessing Officer's decisions. However, the issues concerning advances received for the sale of agricultural land and the amount received from the brother as arrears of past agricultural income were sent back to the AO for further examination due to insufficient inquiries. The ITAT found the AO's conclusions to be based on assumptions rather than concrete evidence, partially allowing the assessee's appeals for statistical purposes. Case-Laws Income Tax Fri, 15 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214141