https://www.taxtmi.com/caselaws?id=461635 The ITAT Jaipur allowed the assessee's appeal regarding unexplained cash deposits claimed from agricultural sources. The AO had rejected the agricultural income claim due to lack of supporting evidence for sale of agricultural produce and related expenditures. However, the ITAT held that since no specific legal provision was mentioned for making the addition, the failure to cite the precise section of law rendered the entire addition invalid. The appeal was consequently allowed in favor of the assessee. en-us Thu, 08 Aug 2024 00:00:00 +0530 Thu, 17 Apr 2025 20:37:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461635 The ITAT Jaipur allowed the assessee's appeal regarding unexplained cash deposits claimed from agricultural sources. The AO had rejected the agricultural income claim due to lack of supporting evidence for sale of agricultural produce and related expenditures. However, the ITAT held that since no specific legal provision was mentioned for making the addition, the failure to cite the precise section of law rendered the entire addition invalid. The appeal was consequently allowed in favor of the assessee. Case-Laws Income Tax Thu, 08 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461635