2019 (3) TMI 531

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....This appeal by assessee has been directed against the order of Ld. CIT(A)-I, Noida, Dated 28th November, 2016 for the assessment year 2009-2010, challenging the addition of Rs. 11,51,525/- under section 68 of the Income Tax Act, 1961. 2. Briefly the facts of the case are that assessing officer collected information that the assessee had between 17th April 2008 to 6th August 2008 had deposited R....

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....12 acres of land in District Faridabad and he used to grow vegetables and sold the same in the market and the remaining cash was from such activities. The assessee filed copy of the sale deed and other details and bills of agriculture produce from several parties in respect of earning of agriculture income. The Ld. CIT(A) noted the claim of assessee after selling agriculture produce in a sum of Rs....

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....erated the submissions made before the authorities below and filed copy of the sale deed and bills for sale of agricultural produce. He has submitted that the share of assessee and his brother Shri Anil Kumar of sale consideration of the property comes to Rs. 12,18,750/- which is available to assessee for making cash deposit being the amount available to the family. He has further submitted that a....

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..../- out of sale of agriculture produce. The Ld. CIT(A) partly accepted the agricultural income which supports the explanation of assessee that assessee had source from agricultural income. The Ld. CIT(A) also partly accepted the explanation of assessee for sale of property, but, assessee explained that the share of property of assessee's brother is also available to him being the amount getting ....