https://www.taxtmi.com/caselaws?id=302231 The CIT(A) deleted the addition of income from other sources based on unexplained cash deposits, citing incorrect basis for non-acceptance of agricultural produce by the AO. The Tribunal upheld the deletion, emphasizing reliance on credible agricultural yield statistics. However, the admission of additional evidence without AO's opportunity breached natural justice principles. The AO's consideration of extraneous issues was criticized, and the claim of undisclosed income sources by the appellant was deemed insufficiently supported. The appeal was allowed for reassessment with proper opportunity granted to the appellant. en-us Fri, 10 Dec 2010 00:00:00 +0530 Wed, 11 May 2022 11:27:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302231 The CIT(A) deleted the addition of income from other sources based on unexplained cash deposits, citing incorrect basis for non-acceptance of agricultural produce by the AO. The Tribunal upheld the deletion, emphasizing reliance on credible agricultural yield statistics. However, the admission of additional evidence without AO's opportunity breached natural justice principles. The AO's consideration of extraneous issues was criticized, and the claim of undisclosed income sources by the appellant was deemed insufficiently supported. The appeal was allowed for reassessment with proper opportunity granted to the appellant. Case-Laws Income Tax Fri, 10 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302231