2026 (3) TMI 1215

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... PER PARTHA SARATHI CHAUDHURY, JM The present appeal preferred by the assessee emanates from the order of the Ld.CIT(Appeals)/NFAC, dated 01.12.2025 for the assessment year 2016-17 as per the grounds of appeal on record. 2. During the course of assessment proceedings, it was observed by the A.O that the assessee had made total cash deposits of Rs. 16,90,000/-. The assessee submitted before....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tted any agricultural income certificate from the concerned authority. In such premises of the observation, it can only be said that the order passed by the Ld. CIT(Appeals)/NFAC is perverse, arbitrary and bad in law since the Department has accepted that the assessee is an agriculturist and has earned income from sale of agricultural produce in the local market. The Department has not brought out....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ivities, when the Department has not brought on record any evidence regarding undisclosed sources of income, when the Department itself has not conducted any independent inquiry against the claim made as per written submissions filed by the assessee, in such scenario, making addition by the A.O and upholding the same by the Ld. CIT(Appeals)/NFAC is arbitrary, malicious and bad in law. 5. In vie....