https://www.taxtmi.com/caselaws?id=401210 The Tribunal upheld the CIT(A)'s decision to confirm the addition of Rs. 13,79,400/- as unexplained income by an illiterate farmer who deposited money in his bank account. The Tribunal rejected the additional evidence submitted by the assessee regarding the sale of agricultural land, emphasizing the evidentiary value of the registered sale deed. Consequently, the appeal was dismissed, affirming the chargeability of interest under Sections 234A and 234B of the Income Tax Act. en-us Tue, 03 Nov 2020 00:00:00 +0530 Tue, 01 Dec 2020 15:30:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401210 The Tribunal upheld the CIT(A)'s decision to confirm the addition of Rs. 13,79,400/- as unexplained income by an illiterate farmer who deposited money in his bank account. The Tribunal rejected the additional evidence submitted by the assessee regarding the sale of agricultural land, emphasizing the evidentiary value of the registered sale deed. Consequently, the appeal was dismissed, affirming the chargeability of interest under Sections 234A and 234B of the Income Tax Act. Case-Laws Income Tax Tue, 03 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401210