https://www.taxtmi.com/caselaws?id=763406 The Tribunal allowed the appeal, overturning the addition under section 68 related to capital introduction and the ad-hoc disallowance of 10% of expenses. The Tribunal found the assessee's evidence of agricultural income and justification for expenses satisfactory, deeming the initial addition and disallowance by the Assessing Officer unjustified. en-us Tue, 17 Dec 2024 00:00:00 +0530 Thu, 19 Dec 2024 08:47:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763406 The Tribunal allowed the appeal, overturning the addition under section 68 related to capital introduction and the ad-hoc disallowance of 10% of expenses. The Tribunal found the assessee's evidence of agricultural income and justification for expenses satisfactory, deeming the initial addition and disallowance by the Assessing Officer unjustified. Case-Laws Income Tax Tue, 17 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763406