https://www.taxtmi.com/caselaws?id=385422 The Tribunal upheld the decision to treat &8377; 10,78,544/- as income from other sources, dismissing the appeal. The assessing officer's estimation of agricultural income at &8377; 14 lacs was deemed reasonable due to discrepancies in the assessee's claims and lack of substantial evidence supporting the declared agricultural income. The Tribunal found the explanations and evidence presented by the assessee insufficient and inconsistent with financial records, leading to the affirmation of the contested addition to taxable income. en-us Mon, 02 Sep 2019 00:00:00 +0530 Wed, 04 Sep 2019 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385422 The Tribunal upheld the decision to treat &8377; 10,78,544/- as income from other sources, dismissing the appeal. The assessing officer's estimation of agricultural income at &8377; 14 lacs was deemed reasonable due to discrepancies in the assessee's claims and lack of substantial evidence supporting the declared agricultural income. The Tribunal found the explanations and evidence presented by the assessee insufficient and inconsistent with financial records, leading to the affirmation of the contested addition to taxable income. Case-Laws Income Tax Mon, 02 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385422