https://www.taxtmi.com/caselaws?id=406934 The Tribunal upheld the Assessing Officer's decision to treat the declared agricultural income as "income from other sources" and bring it to tax due to lack of genuine ownership of the lands by the assessees. Reassessment proceedings under Section 147 of the Income Tax Act were upheld for the assessment years 2010-11 and 2011-12. Addition of income from other sources and disallowance of expenditure claims were confirmed. The Tribunal remanded the issue of municipal taxes paid for verification. Appeals for various assessment years were dismissed, except for the assessment year 2014-15, where the appeal was partly allowed for statistical purposes. en-us Thu, 22 Apr 2021 00:00:00 +0530 Mon, 26 Apr 2021 18:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406934 The Tribunal upheld the Assessing Officer's decision to treat the declared agricultural income as "income from other sources" and bring it to tax due to lack of genuine ownership of the lands by the assessees. Reassessment proceedings under Section 147 of the Income Tax Act were upheld for the assessment years 2010-11 and 2011-12. Addition of income from other sources and disallowance of expenditure claims were confirmed. The Tribunal remanded the issue of municipal taxes paid for verification. Appeals for various assessment years were dismissed, except for the assessment year 2014-15, where the appeal was partly allowed for statistical purposes. Case-Laws Income Tax Thu, 22 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406934