https://www.taxtmi.com/caselaws?id=310234 The Tribunal allowed the appeals in favor of the assessee in a case involving treatment of agricultural income, disallowance of municipal tax in rental income determination, assessment of accrued interest income from frozen bank deposits, and Wealth Tax assessment under section 25. The Tribunal directed the AO to recognize the claimed agricultural income, delete the addition of Rs. 21,66,959, dismiss the ground related to municipal tax disallowance, delete the accrued interest income of Rs. 36,10,000 from taxable income, and quash the section 25 order of the Wealth Tax Act. en-us Fri, 30 Sep 2016 00:00:00 +0530 Fri, 13 Oct 2023 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310234 The Tribunal allowed the appeals in favor of the assessee in a case involving treatment of agricultural income, disallowance of municipal tax in rental income determination, assessment of accrued interest income from frozen bank deposits, and Wealth Tax assessment under section 25. The Tribunal directed the AO to recognize the claimed agricultural income, delete the addition of Rs. 21,66,959, dismiss the ground related to municipal tax disallowance, delete the accrued interest income of Rs. 36,10,000 from taxable income, and quash the section 25 order of the Wealth Tax Act. Case-Laws Income Tax Fri, 30 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310234