ISHWAR CHANDER PAHUJA,NEW DELHI vs. ACIT CIRCLE 19(1), NEW DELHI
In the result, the appeal filed by the assessee is allowed
ITA 2560/DEL/2023[2015-16]Status: DisposedITAT Delhi06 Sept 2024AY 2015-16
Bench: Shri S.Rifaur Rahmanishwar Chander Pahuja, Vs. Acit, Circle 19 (1), C/O Sumer Garg & Co., Cas New Delhi. E-501A, Itl Northex Tower, Plot No.A – 9, Netaji Subhash Place, Pitampura, New Delhi – 110 034. (Pan : Aafpp4275M) (Appellant) (Respondent) Assessee By : Shri S.C. Garg, Ca Revenue By : Shri Om Parkash, Sr. Dr Date Of Hearing : 24.06.2024 Date Of Order : 06.09.2024 Order The Assessee Has Filed Appeal Against The Order Of The Learned Commissioner Of Income Tax (Appeals), Delhi [“Ld. Cit(A)”, For Short]/National Faceless Appeal Centre (Nfac) Dated 21.08.2023 For The Assessment Year 2015-16. 2. The Assessee Has Raised Following Grounds Of Appeal :- “1. The Ld. Ao Erred In Law & On Facts In Disallowing The Claim Of The Assessee Of Having Earned Agricultural Income At Rs.23,36,957/- & The Ld. Cit(A), Nfac Erred In Law & On Facts In Confirming The Action Of The Ld. Ao Treating The Same As Bogus Without Making Any Verification In The Facts & Circumstances Of The Case.
For Appellant: Shri S.C. Garg, CAFor Respondent: Shri Om Parkash, Sr. DR
Section 10(1)Section 143(2)Section 2Section 234ASection 44A
bogus exempt agricultural income.
5.1
Assessee's explanations:
(i)
As submitted above, the expenses incurred for agricultural activities were met out of sales of seedlings & seeds to mobile vendors & farmers. It is submitted that it is a usual practice adopted at almost all the farms. This fact had been accepted in all the assessment years (mentioned at Page 89) except
