https://www.taxtmi.com/highlights?id=102962 Agricultural income from date sales cannot be partly treated as income from other sources merely on a mathematical estimate of probable yield based on an earlier field report concerning damaged plants. Where agricultural operations, plantation, source of produce and recorded sale proceeds are accepted, contrary material is required to reject the disclosed quantity or receipts; the addition was deleted. Agricultural expenditure also cannot be enhanced to a fixed percentage of gross receipts without evidence that specific expenses are false or inadmissible, or cogent comparable, agricultural or expert material. The ad hoc expenditure addition was deleted, with consequential interest to be recomputed. en-us Sat, 22 Aug 2026 10:33:32 +0530 Sat, 22 Aug 2026 10:33:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102962 Agricultural income from date sales cannot be partly treated as income from other sources merely on a mathematical estimate of probable yield based on an earlier field report concerning damaged plants. Where agricultural operations, plantation, source of produce and recorded sale proceeds are accepted, contrary material is required to reject the disclosed quantity or receipts; the addition was deleted. Agricultural expenditure also cannot be enhanced to a fixed percentage of gross receipts without evidence that specific expenses are false or inadmissible, or cogent comparable, agricultural or expert material. The ad hoc expenditure addition was deleted, with consequential interest to be recomputed. Highlights Income Tax Sat, 22 Aug 2026 10:33:32 +0530 https://www.taxtmi.com/highlights?id=102962