https://www.taxtmi.com/caselaws?id=752236 The ITAT Surat partially allowed the appellant's appeal regarding cash deposits treated as unexplained income. The tribunal accepted that the agriculturist appellant had no other income sources besides agricultural activities. However, it rejected the claim that entire agricultural income from 38 binghas belonged solely to the appellant, noting 6 family members existed without proper documentation from relatives abroad or father supporting income transfer. The tribunal sustained addition of Rs. 2,24,000 as unexplained but deleted Rs. 14,85,000, accepting deposits came from legitimate agricultural income and previous cash withdrawals. en-us Thu, 02 May 2024 00:00:00 +0530 Mon, 06 May 2024 09:19:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752236 The ITAT Surat partially allowed the appellant's appeal regarding cash deposits treated as unexplained income. The tribunal accepted that the agriculturist appellant had no other income sources besides agricultural activities. However, it rejected the claim that entire agricultural income from 38 binghas belonged solely to the appellant, noting 6 family members existed without proper documentation from relatives abroad or father supporting income transfer. The tribunal sustained addition of Rs. 2,24,000 as unexplained but deleted Rs. 14,85,000, accepting deposits came from legitimate agricultural income and previous cash withdrawals. Case-Laws Income Tax Thu, 02 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752236