https://www.taxtmi.com/caselaws?id=426712 The Tribunal dismissed the assessee's claim for agricultural income and directed the assessment of Rs. 9.73 lacs as income from other sources. It deleted the addition of Rs. 170 lacs for an unsecured loan, as the entries were properly accounted for. The disallowance of Rs. 6.27 lacs in labour expenses was upheld due to lack of verifiable vouchers. The deletion of Rs. 109.50 lacs addition for a balance difference was set aside for further examination. The disallowance of Rs. 6.40 lacs in bonus payments was partially confirmed. The Tribunal stressed the importance of proper documentation and evidence in substantiating claims. en-us Fri, 29 Jul 2022 00:00:00 +0530 Wed, 24 Aug 2022 08:47:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426712 The Tribunal dismissed the assessee's claim for agricultural income and directed the assessment of Rs. 9.73 lacs as income from other sources. It deleted the addition of Rs. 170 lacs for an unsecured loan, as the entries were properly accounted for. The disallowance of Rs. 6.27 lacs in labour expenses was upheld due to lack of verifiable vouchers. The deletion of Rs. 109.50 lacs addition for a balance difference was set aside for further examination. The disallowance of Rs. 6.40 lacs in bonus payments was partially confirmed. The Tribunal stressed the importance of proper documentation and evidence in substantiating claims. Case-Laws Income Tax Fri, 29 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426712