R.MAHALAKSHMI,CHENNAI vs. ACIT NON CORPORATE CIRCLE 17(1), CHENNAI

In the result, the assessee’s appeal is dismissed

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaramanआयकर अपील सं./I.T.A.No.3106/Chny/2018 (िनधा"रण वष" / Assessment Year: 2008-09) Vs The Acit, Smt. R. Mahalakshmi, No.24, Abm Avenue, Non-Corporate Circle – 17(1), Chennai. R.A. Puram, Chennai – 600 028. Pan: Agqpm8406N (अपीलाथ"/Appellant) (""थ"/Respondent)

exempted from Income tax and penalty cannot be levied on the agricultural income. The Ld. CIT(A) considered the arguments and findings of the Assessing Officer made in the Assessment Order and the penalty order. The Ld. AR explained in the penalty proceedings that the assessee has admitted additional income to purchase peace and avoid :-7-: ITA No. 3106/Chny/2018 litigation