2025 (6) TMI 1941

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....va, Sr DR ORDER PER DR. B.R.R. KUMAR, VICE-PRESIDENT:- This appeal is filed by the Assessee against the appellate order dated 04.03.2025 passed by the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre, Delhi, relating to the Assessment Year 2018-19. 2. The assessee has raised the following ground of appeal: 1. The Learned CIT(A) erred in law and on facts in ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....see e-filed his return of income on 31.07.2018 for the AY 2018-19 declaring total income at Rs. 5,48,790/- and agriculture income of Rs. 75,54,376/-. The case was selected for scrutiny under CASS under selection criteria "Agricultural Income". In response to several statutory notices issued to the assessee to furnish details about the agricultural activities, the assessee's representative Shri Sha....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.....Having considered the factual matrix of the case, I find that during the year under consideration, the assessee had shown net agricultural income of Rs. 75,54,376/- which was a three fold jump from the previous year's agricultural income. It has been observed by the AO that the assessee has got 91 Vighas of agricultural land. Gujarat Agricultural Land ceiling Act 1960 does not apply to him. But b....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....% in the FY 2016-17 to 43.94% in the relevant previous year. He attributed this reduction to cutting down cost, experiences gathered etc. the submissions of the assessee did not find favour with the AO. The AO found that during the year under consideration, the state of Gujarat witnessed heavy floods causing damage to crops. I find great force in the argument of the AO that three times hike in net....