K.A.SATHYAKUMAR,POLLACHI vs. ITO WARD 1, POLLACHI

This appeal of the assessee is directed against the order of the Commissioner of Income Tax (Appeals) -3, Coimbatore, dated 20.06.2018 and pertains to assessment year 2014-15.

Shri S. Sridhar, the Ld.counsel for the assessee, submitted that the only issue arises for consideration is disallowance of agricultural income on estimate basis. According to the Ld. counsel, the assessee was cultivating 63.12 acres of land in Nattukalpalayam Village and S. Ponnapuram Village at Pollachi taluk. The assessee claimed agricultural income of ₹39,36,800/-. According to the Ld. counsel, the Assessing Officer estimated the agricultural income at ₹28,39,760/- and disallowed the balance of ₹10,97,040/-.

On the contrary, Shri Sanath Kumar Raha, the Ld. Departmental Representative, submitted that the Assessing Officer estimated the income at ₹45,000/- per acre after meeting all the expenditure. Therefore, according to the Ld. D.R., the CIT(Appeals) found that the estimation of the Assessing Officer is reasonable. Accordingly, he confirmed the same.

Having heard Shri S. Sridhar, the Ld.counsel for the assessee and Shri Sanath Kumar Raha, the Ld. Departmental Representative, this Tribunal finds that even though the assessee claims that 63.12 acres of land was cultivated, the details of cultivation of crops were not filed before the Assessing Officer. Before the CIT(Appeals), the assessee claimed that coconut trees were cultivated. It is not known whether the entire 63.12 acres are of coconut trees or part of the land was cultivated with other crops.

In the result, the appeal filed by the assessee stands dismissed.