https://www.taxtmi.com/caselaws?id=389745 The Tribunal affirmed the ld. CIT (A)'s decision to treat a portion of agricultural income as undisclosed income, based on a reasonable estimation of expenditure at 15% of the gross agricultural income. The Tribunal found the assessee's claimed expenditure percentage to be unrealistic and not acceptable in the agricultural sector conditions. The judgment emphasized the importance of accurate calculations and evidence in determining agricultural income, dismissing the assessee's appeal. en-us Fri, 01 Nov 2019 00:00:00 +0530 Mon, 16 Dec 2019 13:02:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389745 The Tribunal affirmed the ld. CIT (A)'s decision to treat a portion of agricultural income as undisclosed income, based on a reasonable estimation of expenditure at 15% of the gross agricultural income. The Tribunal found the assessee's claimed expenditure percentage to be unrealistic and not acceptable in the agricultural sector conditions. The judgment emphasized the importance of accurate calculations and evidence in determining agricultural income, dismissing the assessee's appeal. Case-Laws Income Tax Fri, 01 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389745