Additional evidence and verification govern disputed creditor balances, agricultural claims, sales rebates, and share application money taxability.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Additional evidence supporting unexplained creditor balances and sales rebates requires verification before the related tax claims are resolved. Agricultural-income exemption and expenditure claims depend on disclosure of agricultural activity, land particulars, sale evidence, agricultural use, and supporting vouchers. Share application money claimed as refunded requires confirmation whether shares were allotted before any reduction is treated as short-term capital gain. Estimated agricultural expenditure should account for assertions that plantation costs were incurred in earlier years and current expenses were limited to maintenance.....