Sufficient Documentary Evidence: ITAT directs AO to treat Income as Agricultural and not from Other Sources [Read Order]
The issue pertained to accurately establishing the Sources of Income and the allied Exemptions claimed by the Assessee thereunder
By Avinash Kurungot - On September 30, 2024 4:17 pm - 2 mins read
The Chennai Bench of the Income Tax Appellate Tribunal ( ITAT ) in a recent judgment directed the Assessing Officer ( AO ) to treat Income of an Assessee as ‘Agricultural Income’ in light of disclosure of sufficient documentary evidence proving the same. The judgment was rendered by ITAT while hearing an Income Tax Appeal…
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