LICKMICHAND ANAND SINGHVI,VELLORE vs. DCIT, CENTRALCORC;E-3(3), CHENNAI

In the result, the appeal filed by the assessee is allowed

Bench: Shri Ss Viswanethra Ravi & Shri Jagadishआयकर अपील सं./Ita No.656/Chny/2024 िनधा8रण वष8 /Assessment Year: 2014-15

54B can only be a alternative claim. 8. The learned CIT(A) erred in confirming the addition of s.8,75,000/- made by the AO as unexplained credit, while the same was disclosed by the appellant both in his original return under section 139 and return filed under section 153A as agricultural income