https://www.taxtmi.com/caselaws?id=351857 The Tribunal set aside the addition of agricultural income as unexplained, citing lack of concrete evidence and denial of natural justice principles in the assessment process. The Tribunal also found the AO's assumption of jurisdiction under section 144 invalid due to the absence of a statutory notice, requiring a reassessment following due process. Concerns over the admissibility of additional evidence were raised, with the Tribunal emphasizing the need for thorough investigation before admission. All 7 Assessee's appeals were allowed for statistical purposes, leading to the dismissal of Revenue's 3 cross-appeals. en-us Fri, 01 Dec 2017 00:00:00 +0530 Sat, 02 Dec 2017 10:11:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351857 The Tribunal set aside the addition of agricultural income as unexplained, citing lack of concrete evidence and denial of natural justice principles in the assessment process. The Tribunal also found the AO's assumption of jurisdiction under section 144 invalid due to the absence of a statutory notice, requiring a reassessment following due process. Concerns over the admissibility of additional evidence were raised, with the Tribunal emphasizing the need for thorough investigation before admission. All 7 Assessee's appeals were allowed for statistical purposes, leading to the dismissal of Revenue's 3 cross-appeals. Case-Laws Income Tax Fri, 01 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351857