https://www.taxtmi.com/caselaws?id=253331 The Tribunal ruled in favor of the assessee regarding the addition of loans/cash credits as income under section 68, deleting one credit due to proven creditworthiness and genuineness but upholding another due to lack of substantiated source. The Tribunal directed the consideration of registration charges for cost of acquisition, rejecting the claim for cost of improvement for lack of evidence. Additionally, the Tribunal accepted the declared agricultural income as income from agriculture based on consistent disclosures and lease deeds provided by the assessee, partially allowing the appeal. en-us Fri, 12 Sep 2014 00:00:00 +0530 Fri, 21 Nov 2014 12:13:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253331 The Tribunal ruled in favor of the assessee regarding the addition of loans/cash credits as income under section 68, deleting one credit due to proven creditworthiness and genuineness but upholding another due to lack of substantiated source. The Tribunal directed the consideration of registration charges for cost of acquisition, rejecting the claim for cost of improvement for lack of evidence. Additionally, the Tribunal accepted the declared agricultural income as income from agriculture based on consistent disclosures and lease deeds provided by the assessee, partially allowing the appeal. Case-Laws Income Tax Fri, 12 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253331