https://www.taxtmi.com/caselaws?id=298027 The appellate tribunal overturned the decision confirming the disallowance of Rs. 10,30,694 as unexplained cash credit from agriculture income. The tribunal criticized the lack of substantial evidence and proper verification by the AO and CIT(A), directing the AO to delete the addition due to insufficient proof to sustain the disallowance. The tribunal highlighted discrepancies in claimed expenses and income, emphasizing the need for concrete evidence to support such disallowances. en-us Tue, 02 Mar 2021 00:00:00 +0530 Tue, 05 Oct 2021 20:03:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298027 The appellate tribunal overturned the decision confirming the disallowance of Rs. 10,30,694 as unexplained cash credit from agriculture income. The tribunal criticized the lack of substantial evidence and proper verification by the AO and CIT(A), directing the AO to delete the addition due to insufficient proof to sustain the disallowance. The tribunal highlighted discrepancies in claimed expenses and income, emphasizing the need for concrete evidence to support such disallowances. Case-Laws Income Tax Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298027