Held that the onus is on assessee to prove genuineness of exempt income. The assessee has not filed any supporting documents. The Tribunal estimated agricultural income of Rs.5 lakhs and confirmed the addition of Rs 48 lakhs as income from undisclosed sources. (AY. 2011-12)
Ranganath Salke v. Add. CIT (2022) 98 ITR 21 (SN) (Pune)(Trib)
S. 68 : Cash credits-Agricultural income-Failure to produce evidence-Agricultural income was estimated of Rs. 5 lakhs and balance addition of Rs. 48 lakhs was confirmed. [S. 10(1)]