https://www.taxtmi.com/caselaws?id=345495 The Tribunal overturned the lower authorities' decision and removed the addition of Rs. 18 lakhs, considering the income from the sale of Safeda trees as legitimate agricultural income. The Tribunal emphasized the lack of other income sources for the assessee, supported by certificates and affidavits confirming the plantation of Safeda trees. Relying on a precedent from the Punjab & Haryana High Court, the Tribunal deemed the addition unjustified and ruled in favor of the assessee, allowing the appeal. en-us Tue, 29 Nov 2016 00:00:00 +0530 Tue, 18 Jul 2017 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345495 The Tribunal overturned the lower authorities' decision and removed the addition of Rs. 18 lakhs, considering the income from the sale of Safeda trees as legitimate agricultural income. The Tribunal emphasized the lack of other income sources for the assessee, supported by certificates and affidavits confirming the plantation of Safeda trees. Relying on a precedent from the Punjab & Haryana High Court, the Tribunal deemed the addition unjustified and ruled in favor of the assessee, allowing the appeal. Case-Laws Income Tax Tue, 29 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345495