ITAT Accepts Initial Evidence of Agricultural Income Remands Matter for Verification

ITAT Accepts Initial Evidence of Agricultural Income, Remands Matter for Verification The Tribunal set aside the addition of Rs 85,71,000 under Section 69A and remanded the matter to the AO for fresh verification after accepting that the bank deposits were prima facie supported by agricultural income evidence. Machamada Ponnappa Prakash filed the present case against…