https://www.taxtmi.com/highlights?id=83420 Cash deposits in savings bank account treated as long-term capital gains from sale of agricultural land. Assessee claimed income from export-quality rose cultivation with brother, relying on report from agricultural college professor. However, report alone insufficient proof of agricultural income. Assessment order passed ex-parte without assessee's participation. CIT(A) order based on AO's remand report. Matter remanded to AO for fresh assessment after proper opportunity to assessee to substantiate agricultural income claim with supporting evidence. Appeal allowed for statistical purposes. en-us Wed, 27 Nov 2024 08:58:52 +0530 Wed, 27 Nov 2024 08:58:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=83420 Cash deposits in savings bank account treated as long-term capital gains from sale of agricultural land. Assessee claimed income from export-quality rose cultivation with brother, relying on report from agricultural college professor. However, report alone insufficient proof of agricultural income. Assessment order passed ex-parte without assessee's participation. CIT(A) order based on AO's remand report. Matter remanded to AO for fresh assessment after proper opportunity to assessee to substantiate agricultural income claim with supporting evidence. Appeal allowed for statistical purposes. Highlights Income Tax Wed, 27 Nov 2024 08:58:52 +0530 https://www.taxtmi.com/highlights?id=83420