https://www.taxtmi.com/caselaws?id=237535 The appeal under Section 260-A of the Income Tax Act, 1961, challenging the ITAT's order for the Assessment Year 2005-06 was dismissed. The court upheld the deletion of additions made under Section 68, treating income as agricultural despite lack of primary records. The decision was based on past acceptance of agricultural income by the department and the assessee's provision of relevant documents. The courts emphasized the importance of maintaining regular books of accounts by the Private Company and found no legal basis to interfere with the lower authorities' decisions. en-us Thu, 08 Aug 2013 00:00:00 +0530 Mon, 30 Sep 2013 09:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237535 The appeal under Section 260-A of the Income Tax Act, 1961, challenging the ITAT's order for the Assessment Year 2005-06 was dismissed. The court upheld the deletion of additions made under Section 68, treating income as agricultural despite lack of primary records. The decision was based on past acceptance of agricultural income by the department and the assessee's provision of relevant documents. The courts emphasized the importance of maintaining regular books of accounts by the Private Company and found no legal basis to interfere with the lower authorities' decisions. Case-Laws Income Tax Thu, 08 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237535