November 20, 2025
ITAT Chennai Allows Agricultural Income Claim Despite No Receipts
IntelME Verdict
Precedent Setting
TL;DR
ITAT Chennai allowed a ₹71,06,500 agricultural income claim without receipts, citing consistency in land ownership and past income acceptance as justification, setting a significant precedent.
Analysis
This case sets a precedent by allowing a significant agricultural income claim without receipts, based on consistency in land ownership and past income acceptance. Tax professionals need to consider this ruling when advising clients on similar situations, highlighting the importance of maintaining consistent records and demonstrating ownership for income claims.
Source
TaxGuru Legal (India)↗Share:
