https://www.taxtmi.com/caselaws?id=783202 ITAT Raipur allowed the assessee's appeal and deleted the addition made on account of closing cash in hand. The Tribunal noted that the Revenue itself accepted the assessee's status as an agriculturist owning three acres of land and farm equipment, with income solely from agricultural activities. The assessee's explanation that the cash represented accumulated agricultural savings kept for the daughter's marriage was not rebutted by any contrary material or evidence of unexplained sources. Holding that, in absence of adverse evidence, such agricultural savings could not be doubted, ITAT found the addition arbitrary and bad in law, and directed the AO to delete it. en-us Tue, 09 Dec 2025 00:00:00 +0530 Thu, 11 Dec 2025 08:55:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783202 ITAT Raipur allowed the assessee's appeal and deleted the addition made on account of closing cash in hand. The Tribunal noted that the Revenue itself accepted the assessee's status as an agriculturist owning three acres of land and farm equipment, with income solely from agricultural activities. The assessee's explanation that the cash represented accumulated agricultural savings kept for the daughter's marriage was not rebutted by any contrary material or evidence of unexplained sources. Holding that, in absence of adverse evidence, such agricultural savings could not be doubted, ITAT found the addition arbitrary and bad in law, and directed the AO to delete it. Case-Laws Income Tax Tue, 09 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783202