MOHANBHAI RAGHAVBHAI BELADIYA,SURAT vs. INCOME TAX OFFICER, WARD - 3(2)(5), SURAT

In the result, the appeal of the assessee is allowed in the terms indicated above

Bench: Shri Dr. A. L. Sainiआयकर अपील सं./Ita No.359/Srt/2023 Assessment Year: (2012-13) (Physical Hearing) Mohanbhai Raghavbhai Beladiya, Vs. The Ito, 41-42, Vishnu Nagar Society – 1, Ward-3(2)(5), Ankur Char Rasta, A. K. Road, Surat Surat – 395008. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aospb9227J (Assessee) (Respondent)

unexplained cash ITA.359/SRT/2023/AY.2012-13 Mohanbhai Raghavbhai Beladiya credits u/s 68 of the I.T. Act for the year under consideration. The assessee has claimed that the source of the cash balance is agricultural income. However, this claim of the assessee is not acceptable as the net agricultural income of the assessee is only Rs. 1,28,000/- from Kaiyanpur land and further