https://www.taxtmi.com/caselaws?id=779138 ITAT held the AO's estimation of agricultural income lacked basis and accepted the assessee's agricultural income certificate, directing the AO to estimate income at Rs. 1,00,000 per acre for 20 acres (Rs. 20,00,000) from nursery operations. In view of that estimate and absence of documentary evidence for expenses, the addition was restricted so that only a balance amount of Rs. 2,26,289 was sustained. Grounds raised by the assessee were partly allowed. en-us Fri, 19 Sep 2025 00:00:00 +0530 Mon, 29 Sep 2025 08:27:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779138 ITAT held the AO's estimation of agricultural income lacked basis and accepted the assessee's agricultural income certificate, directing the AO to estimate income at Rs. 1,00,000 per acre for 20 acres (Rs. 20,00,000) from nursery operations. In view of that estimate and absence of documentary evidence for expenses, the addition was restricted so that only a balance amount of Rs. 2,26,289 was sustained. Grounds raised by the assessee were partly allowed. Case-Laws Income Tax Fri, 19 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779138