Shri Vasudeo Patidar, Villate Tillore Khurd, Indore V. Income Tax Officer 2(4), Indore, Indore

ITA 473/Ind/2017

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 7117 (ITAT-INDORE)
• Duration Of Justice: 2 year(s) 4 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-10-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Next Hearing Date: 24-10-2019
• Assessment Year: 2013-2014
• Appeal Filed On: 23-06-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: BPPR
• Assessee Lawyers: N D PATWA ADVS
• Keywords: Income from undisclosed sources
• Section: 142(1); 201; 143(2); 144

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE SHRI KUL BHARAT, JUDICIAL MEMBER AND SHRI MANISH BORAD, ACCOUNTANT MEMBER ITA NO.473/IND/2017 ASSESSMENT YEAR: 2013-14 SHRI VASUDEV PATIDAR, VILLAGE- TILLOR KHURD, DISTRICT INDORE(MP) / VS. INCOME TAX OFFICER -2(4), INDORE ( APPELLANT ) ( RE VENUE ) PAN: BYBPP1563R APPELLANT BY SHRI ASHISH GOYAL, & SHRI N.D. PAT WA, ADV S . RE VENUE BY SHRI R.S. AMBEDKAR , SR. DR DATE OF HEARING: 24.10.2019 DATE OF PRONOUNCEMENT: 30.10.2019 / O R D E R PER MANISH BORAD, A.M: THIS APPEAL AT THE INSTANCE OF ASSESSEE PERTAINING TO A.Y. 2014-14 IS DIRECTED AGAINST THE ORDER OF COMMISSION ER OF INCOME TAX-(APPEALS)-I, INDORE, (IN SHORT CIT), DATED 24 .03.2017 WHICH IS ARISING OUT OF THE ORDER U/S 144 OF THE INCOME TAX ACT 1961(HEREINAFTER CALLED AS THE ACT) FRAMED ON 28. 01.2016 BY ITO- 2(4), INDORE. 2. THE ASSESSEE HAS RAISED FOLLOWING GROUNDS OF APP EAL: SHRI VASUDEV PATIDAR ITANO.473/IND/2017 2 THAT, THE LD. CIT(A) ERRED IN NOT ALLOWING IN THE APPEAL IN FULL. WHEN THE LD. CIT(A) ACCEPTED THAT THERE IS A TYPOGR APHICAL MISTAKE THEN THERE IS NO JUSTIFICATION IN MAINTAINI NG THE AGRICULTURAL INCOME OF RS.13,53,068/-. 2. THAT THE LD. CIT(A) FURTHER ERRED IN ASSESSING T HE AGRICULTURAL INCOME AS INCOME FROM OTHER SOURCES. 3. THAT THE LD. CIT(A) FURTHER ERRED IN UPHOLDING T HE AGRICULTURAL INCOME AS INCOME FROM OTHER SOURCES & THE INCOME ES TIMATED BY HIM IS NOT PROPER PARTICULARLY WHEN THE ASSESSEE IS HAVING AGRICULTURAL INCOME AND BANK INTEREST INCOME. THE O NUS LIES ON THE DEPARTMENT TO ESTABLISH THAT THE ASSESSEE DERIV ED INCOME FROM ANY OTHER SOURCE. NO SUCH MATERIAL IS THERE AN D THEREFORE THE INCOME OF RS.13,070/- AND AGRICULTURAL INCOME O F RS.4,70,802/-. 4. THE ASSESSEE OWNS AGRICULTURAL LAND 5.13 BIGHA A T MAHESHWAR & 4.87 BIGHA AT TILLOR KHURD TOTALLING 10 BIGHA OF AGRICULTURAL LAND IN WHICH 50% AGRICULTURAL LAND IS OWNED BY THE BROTHER OF THE ASSESSEE. 5. LD. CIT(A) ERRED IN UPHOLDING THE AGRICULTURAL I NCOME OF RS.13,53,068/- AS AGRICULTURAL INCOME IN 5 BIGHAS O F AGRICULTURAL LAND. 3. BRIEFLY STATED FACTS AS CULLED OUT FROM THE RECO RDS ARE THAT THE ASSESSEE IS AN INDIVIDUAL EARNING INCOME FROM INTER EST AND AGRICULTURAL OPERATION. INCOME OF RS.13,070/- AND A GRICULTURAL INCOME OF RS.47,08,302/- DECLARED IN THE RETURN OF INCOME FILED ON 30.03.2014. CASE SELECTED FOR SCRUTINY ASSESSMENT, FOLLOWED BY SERVING OF NOTICES U/S 143(2) & 142(1) OF THE ACT. LEARNED ASSESSING OFFICER (IN SHORT LD. AO) AFTER EXAMINING VARIOUS D ETAILS RELATING TO ASSESSEES CLAIM OF AGRICULTURAL INCOME OF RS.47,08 ,302/- AND AFTER GOING THROUGH THE DETAILS OF SALES PROCEEDS, EXPENS ES INCURRED, CASH DEPOSITED BY THE ASSESSEE IN THE BANK ACCOUNTS , CAME TO A CONCLUSION THAT THE ASSESSEE HAS MADE INCORRECT CLA IM OF SHRI VASUDEV PATIDAR ITANO.473/IND/2017 3 AGRICULTURAL INCOME OF RS.44,08,302/- AND THE SAME NEEDS TO BE ADDED AS INCOME FROM OTHER SOURCES, THEREBY, ASSE SSING INCOME AT RS.44,21,372/- AND AGRICULTURAL INCOME ASSESSED AT RS.3,00,000/-. 4. AGAINST THIS ADDITION THE ASSESSEE PREFERRED AN APPEAL BEFORE THE LD. CIT(A) AND PARTLY SUCCEEDED TO THE EXTENT THAT LD. CIT(A) DELETED THE ADDITION OF RS.30,68,302/-. 5. NOW THE ASSESSEE IS IN APPEAL CHALLENGING THE FI NDING OF LD. CIT(A) CONFIRMING THE ADDITION OF RS.13,40,000/-( A DDITION BY THE LD. AO AT RS.44,08,302/- LESS - ADDITION DELETED BY THE LD. CIT(A) AT RS.30,68,302/-). 6. LD. COUNSEL FOR THE ASSESSEE VEHEMENTLY ARGUED R EFERRING TO THE FOLLOWING WRITTEN SUBMISSIONS, PLACING RELIANCE ON DECISION AND REFERRING TO THE CASH FLOW STATEMENTS: THE APPELLANT CONTENDS THAT THE SOURCE OF THE DEPOS ITS IS EXPLAINED AS UNDER: TOTAL DEPOSIT IN BANK OF ASSESSEE RS. 25,40,000 LESS: WITHDRAWALS FROM BANK RS . 18,56,000 LESS: HOUSEHOLD EXPENSES RS. 1,50,000 RS. 17,06,0 00 LESS: WITHDRAWALS FROM SEVA SAHAKARI BANK (PB 33) RS. 4,15,000 LESS: AGRICULTURAL INCOME ON 3.263 HECTARES (BELONGING TO ASSESSEE) RS. 4,70,830 LESS: BALANCE OUT OF PAST SAVINGS RS. 1,00,000 (RS. 1,51,830) 1. WITHDRAWALS FROM BANK SUMMARISED CHART OF MONTHLY CASH DEPOSITS AND WITHD RAWALS FROM BANK ACCOUNT OF APPELLANT ARE GIVEN BELOW SHRI VASUDEV PATIDAR ITANO.473/IND/2017 4 CASH DEPOSITS AND WITHDRAWALS FROM BANK FOR F.Y. 2012-13 OPENING WITHDRAWALS DEPOSITS CLOSING APRIL 5,00,000 5,00,000 MAY 5,00,000 59,000 4,41,000 JUNE 4,41,000 8,85,000 -444,000 JULY -444,000 2,70,000 -174,000 AUG -174,000 42,000 8,00,000 5,84,000 SEP 5,84,000 3,00,000 8,84,000 OCT 8,84,000 5,00,000 3,50,000 7,34,000 NOV 7,34,000 1,50,000 5,84,000 DEC 5,84,000 2,20,000 8,04,000 JAN 8,04,000 2,00,000 6,04,000 FEB 6,04,000 20,000 1,00,000 6,84,000 MARCH 6,84,000 6,84,000 18,56,000 25,40,000 6,84,000 SUMMARIZED CHART OF MONTHLY CASH DEPOSITS AND WITHD RAWALS FROM BANK ACCOUNT OF OF SHRI JITNEDRA PATIDAR (APPELLANTS S ON) ARE AS UNDER:- CASH DEPOSITS AND WITHDRAWALS FROM BANK FOR F.Y. 2 012- 13 2013 OPENING WITHDRAWALS DEPOSITS CLOSING APRIL 52,000 -52,000 MAY -52,000 30,000 -82,000 JUNE -82,000 -82,000 JULY -82,000 10,000 7,00,000 6,08,000 AUG 6,08,000 3,10,000 2,00,000 4,98,000 SEP 4,98,000 2,00,000 2,98,000 OCT 2,98,000 1,00,000 1,98,000 NOV 1,98,000 40,000 1,58,000 DEC 1,58,000 50,000 2,08,000 JAN 2,08,000 2,08,000 FEB 2,08,000 2,08,000 MARCH 2,08,000 2,500 2,05,500 7,44,500 9,50,000 2,05,500 2. WITHDRAWALS FROM SEVA SAHAKARI BANK THERE WAS BANK F.D.R. IN SEVA SAHAKARI BANK. THIS F .D.R. MATURED IN THE CURRENT YEAR AND OUT OF THE MATURITY PROCEEDS RS. 4 ,15,000 WERE WITHDRAWN. THESE WERE FURTHER REDEPOSITED IN THE BA NK ACCOUNT WITH BANK OF INDIA. 3. AGRICULTURAL INCOME ON 3.263 HECTARES (8.06 ACREAS) SHRI VASUDEV PATIDAR ITANO.473/IND/2017 5 THE TOTAL LAND HOLDING OF ASSESSSEE FAMILY IS 5.414 HECTARES OF WHICH 3.263 HECTARES IS OF THE ASSESSEE. THE LAND IS IRRIGATED. BILLS OF AGRICULTURAL PRODUC E ARE FILED AT PB 65-85. AGRICULTURAL INCOME OF RS. 3,00,000 WAS ACCEPTED BY THE LD AO HIMSELF. PG. 5 BOTTOM, THE LD AO STATES: KEEPING IN VIEW THAT THE CLAIM OF AGRICULTURAL INC OME IS RESTRICTED TO RS. 3,00,000. 4. PAST SAVINGS THE APPELLANT WAS AGED 57 YEARS, AT THE RELEVANT TI ME. THE APPELLANT SUBMITS THAT THE BALANCE DEPOSITS WERE OUT OF HIS P AST SAVINGS FROM AGRICULTURE WHICH HE HAD EARNED ACROSS HIS LIFE. WITHOUT PREJUDICE, THE UNACCOUNTED INCOME IS AGRICU LTURAL INCOME IN ANY CASE, SINCE THE ONLY KNOWN SOURCE OF INCOME OF THE APPELLANT WAS AGRICULTURAL INCOME (EXCEPT SPECIFIC SOURCE OF INCO ME BEING BANK DEPOSIT), UNACCOUNTED INCOME, IF ANY SHALL BE AGRICULTURAL IN COME. FOR THIS RELIANCE IS PLACED ON KRISHNAKANT PALIWAL 9 ITJ 348 (TRIB. INDORE) . IT IS A SETTLED PROPOSITION OF LAW AS LAID IN LAXMICHAND BAIJNATH 35 ITR 416 (SC) , THAT WHERE UNACCOUNTED INCOME IS FOUND, IT SHALL BE FROM SAME SOURCE AS THE ACCOUNTED SOURCE. THIS JUDGMENT WAS FURTHER FOLLOWED IN MARGRETS HOPE TEA MFG CO. 201 ITR 747 (CAL.) , WHERE IT WAS HELD THAT CASH CREDITS WERE THE TEA INCOME OF THE ASSESS EE, AS THIS WAS THE KNOWN SOURCE OF INCOME. IN DIT (EXEMPTION) VS RAUNAQ EDUCATION FOUNDATION 294 ITR 76 (DEL.) , IT WAS HELD THAT WHERE THE ASSESSEE WAS RUNNING E DUCATIONAL INSTITUTION, ANY UNACCOUNTED INCOME WAS TO BE HELD AS THE INCOME FROM EDUCATIONAL INSTITUTION ONLY AND SAME WOULD BE EXEM PT U/S. 10(22). THUS, IN THE PRESENT CASE, ANY INCOME WHICH ASSESSE E IS UNABLE TO EXPLAIN WOULD BE ONLY FROM THE KNOWN SOURCE, I.E. T HE AGRICULTURAL INCOME ONLY. 7. PER CONTRA LD. DEPARTMENTAL REPRESENTATIVE (DR) SUPPORTED THE ORDER OF LD. CIT(A). 8. WE HAVE HEARD RIVAL CONTENTIONS AND PERUSED THE RECORD PLACED BEFORE US AND CAREFULLY GONE THROUGH THE SUBMISSION MADE BY THE SHRI VASUDEV PATIDAR ITANO.473/IND/2017 6 LD. COUNSEL FOR THE ASSESSEE. THE ISSUE RELATES TO THE CLAIM OF AGRICULTURAL INCOME WHICH AT THE TIME OF FILING THE RETURN OF INCOME WAS CLAIMED BY THE ASSESSEE AT RS.47,08,302/- AND S UBSEQUENTLY, BEFORE THE LD. CIT(A) IT WAS CONTENDED THAT THE ACT UAL AGRICULTURAL INCOME IS ONLY RAISED AT RS.4,70,830/- AND WAS WRON GLY MENTIONED IN THE RETURN OF INCOME AT RS.47,08,302/-. 9. WE FIND THAT LD. CIT(A) EXAMINED THE FACTS IN DE TAIL INCLUDING THE CASH FLOW STATEMENTS, DETAILS OF SALES PROCEEDS OF AGRICULTURAL INCOME AND INCIDENTAL EXPENSES INCURRED, INCOME OF THE SONS OF THE ASSESSEE, INVESTMENT IN THE WAREHOUSE AND OTHER FAC TS OBSERVING AS FOLLOWS: 7. GROUND NOS.2, 4 & 5:- THESE GROUNDS OF THE APPELLANT ARE DIRECTED AGAINST THE ADDITION OF RS4408302/ - BEING AGRICULTURAL INCOME TREATED AS UNDISCLOSED INCOME UNDER THE HEAD INCOME FROM OTHER SOURCES. THE DETAILED FACTS OF THE CASE AS PER THE ASSESSMENT ORDER ARE REPRODUCED AT PARA NO.2 ABOVE. THE DETAILED SUBMISSIONS OF THE APPELLANT ARE REPRODUCE D AT PARA NO.3 ABOVE. THE REMAND REPORT IS REPRODUCED AT PARA NO. 4 ABOVE. NO SPECIFIC COMMENTS HAVE BEEN SUBMITTED BY THE APPELLANT ON THE REMAND REPORT. 7.1 FROM THE MATERIAL ON RECORD IT IS SEEN THAT THE APPELLANT HAD SHOWN AGRICULTURAL INCOME OF RS.47083 02/ - IN THE RETURN OF INCOME FILED. DURING THE COURSE OF ASSESSMENT PROCEEDINGS IT WAS CONTENDED BY THE APPE LLANT THAT HE WAS AN AGRICULTURIST HAVING LAND AT TILLORE KHURD AND MAHESHWAR BEING 5.13 BIGHAS AT MAHESHWAR AND 4. 87 BIGHAS AT TILLORE KHURD JOINTLY WITH HIS BROTHER. O N SUCH LAND AGRICULTURAL ACTIVITIES WERE CARRIED OUT AND V EGETABLES, SHRI VASUDEV PATIDAR ITANO.473/IND/2017 7 ONIONS, POTATOES, WHEAT, SOYABEAN, CHANA CROPS WERE TAKEN. APPELLANT ALSO FILED SOME BILLS AND INCOME A ND EXPENDITURE ACCOUNT IN SUPPORT OF THE CLAIM ACCORDI NG TO WHICH GROSS AGRICULTURAL RECEIPTS WERE SHOWN AT RS4 708302/ - AND EXPENSES ON AGRICULTURAL ACTIVITIES W AS SHOWN AT RS.3197235/ -. THE NET AGRICULTURAL INCOME THUS SHOWN WAS RS.1511067/-. THE APPELLANT DID NOT SUBSTANTIATE THE RECEIPTS AND EXPENSES WITH ANY DOCUMENTARY EVIDENCES AND THE BILLS OF SALE OF AGRI CULTURAL PRODUCTS PRODUCED BY THE APPELLANT WERE REJECTED BY THE AO AS THESE PERTAINED TO SUBSEQUENT PERIOD AND WERE NOT RELEVANT FOR THE YEAR UNDER CONSIDERATION. AO ALSO OBSERVED THAT THE LAND HOLDING OF THE APPELLANT WAS INADEQUA TE TO ACCOUNT FOR THE GROSS RECEIPTS SHOWN. AO ALSO NOTED THE FACT THAT CASH DEPOSITS WERE MADE IN THE BANK ACCOUNTS W HICH WERE NOT SATISFACTORILY EXPLAINED. AO ASKED FOR SPE CIFIC COMPLIANCES AS NOTED IN THE ASSESSMENT ORDER AND AS KED THE APPELLANT TO REM AM PRESENT FOR EXAMINATION HOW EVER, AS THE APPELLANT FAILED TO COMPLY AO ASSESSED THE I NCOME U/S 144 OF THE ACT BY REJECTING THE CONTENTION THAT THE AMOUNT OF RS.4 708302/- REPRESENTED 'AGRICULTURAL INCOME. AGRICULTURAL INCOME OF RS.300000 / - WAS ESTIMATED AS THE CORRECT AGRICULTURAL INCOME AND THE BALANCE AMOUNT OF RS4408302/ - WAS ADDED AS UNDISCLOSED INCOME. 7.2 DURING THE COURSE OF APPELLATE PROCEEDINGS THE APPELLANT TOOK THE PLEA THAT THE AGRICULTURAL INCOM E OF RS.4 708302/ - WAS WRONGLY SHOWN IN THE RETURN OF INCOME FILED DUE TO INADVERTENT MISTAKE AND THE CORRECT AGRICULTURAL INCOME WAS ONLY RS 470830/ - WHICH WAS COMMENSURATE WITH AGRICULTURAL INCOME OF RS.235650/ - SHOWN IN A.Y. 2011-12 AND RS.245680/ - 'SHOWN IN A. Y. 2012-13. APPELLANT WAS ASKED TO JUSTIFY THE ABOVE SHRI VASUDEV PATIDAR ITANO.473/IND/2017 8 CONTENTION BY PRODUCING DETAILS OF ALL BANK ACCOUNT S OF SELF AND FAMILY EXPLAINING THE CASH DEPOSITS IN THE SAID ACCOUNT, DETAILS OF LAND HOLDING OF SELF AND FAMILY AND THE CROPS GROWN AND THE AREA UNDER CULTIVATION OF EACH CROP. IN RESPONSE TO THE ABOVE APPELLANT SUBMITTED THE DE TAILS CALLED FOR VIDE SUBMISSION DATED 27/02/2017 WHICH I S REPRODUCED ABOVE. ON PERUSAL OF THE SAME IT IS NOTI CED THAT THE TOTAL LAND HOLDING OF THE APPELLANT IS 5.4 14 HECTARES OUT OF WHICH 3.263 HECTARES IS IN THE NAME OF THE APPELLANT AND 2.151 HECTARES IS IN THE NAME OF HIS BROTHER SHRI MANGILAL. IT HAS BEEN CONTENDED BY THE APPELLANT THAT AGRICULTURAL ACTIVITY WAS BEING JOIN TLY CARRIED OUT WITH HIS BROTHER. 7.3 FROM THE DETAIL OF BANK ACCOUNTS SUBMITTED IT IS SE EN THAT THE APPELLANT HAS ACCOUNT WITH BANK OF INDIA A CCOUNT NO. 0632 AND ACCOUNT WITH SEVA SAHAKARI VRITTAKAR SAHAKARI SANSFHA MARYADIT ACCOUNT NO. 54. HIS SON S HRI JITENDRA PATIDAR HAS AN ACCOUNT WITH BANK OF INDIA ACCOUNT NO. 5652 AND HIS OTHER SON SHRI RAJENDRA PA TIDAR HAS AN ACCOUNT WITH STATE BANK OF INDIA ACCOUNT NO. 5168. ON PERUSAL OF THE ABOVE ACCOUNTS IT IS SEEN T HAT IN THE ACCOUNT OF THE APPELLANT WITH BANK OF INDIA CAS H DEPOSITS OF RS.2590000 / - HAS BEEN MADE. IN THE AC COUNT OF SHRI JITENDRA PATIDAR CASH OF RS.250000 / - HAS BEEN DEPOSITED AND THE ACCOUNT OF SHRI RAJENDRA PATIDAR AN ACCOUNT OF RS.49500/ - HAS BEEN DEPOSITED DURING THE YEAR UNDER CONSIDERATION. SHRI RAJENDRA PATIDAR WAS WORK ING. THE APPELLANT HAS SUBMITTED THAT THE CASH DEPOSITS OF RS.2590000 / - IN HIS BANK ACCOUNT ARE OUT OF SALE PROCEEDS OF AGRICULTURAL PRODUCE AND CASH IN HAND O UT OF PRIOR WITHDRAWALS. ACCORDING TO HIS SUBMISSION DATED 27/02/2017 THE DEPOSITS OF RS.2590000 /- ARE AS UND ER:- SHRI VASUDEV PATIDAR ITANO.473/IND/2017 9 1. LOAN RECEIVED FROM SWAMI SARAN RS.48300/- 2. WITHDRAWAL FROM SEVA SAHAKARI SANSTHA OUT OF FD MATURITY. RS. 320000/- 3. SALE OF AGRICULTURAL PRODUCE RS. 15 00000/ 4. CASH IN HAND & CASH PRIOR WITHDRAWALS. RS.721700/- TOTAL RS.2590000 /- 7.4 FROM THE ABOVE SUBMISSION OF THE APPELLANT IT IS SE EN THAT AGRICULTURAL RECEIPTS ARE SHOWN AT RS.1500000 /- HOWEVER, THIS IS ONLY THE CASH DEPOSITED. APART FRO M THIS AN AMOUNT OF RS.29085/- AND RS.528767 IS ALSO DEPOSITED IN THE ABOVE ACCOUNT AND IS STATED TO BE AMOUNT RECEIVED BY CHEQUE ON SALE OF AGRICULTURAL PRODUCE THUS, THE TOTAL RECEIPTS FROM SALE OF AGRICULTURAL PRODUC E COME TO RS.2057852/-. THE AGRICULTURAL EXPENSES ARE SHOWN O N ESTIMATED BASIS AT RS.1050000/- BY THE APPELLANT. T HE NET AGRICULTURAL INCOME THEREFORE COMES TO RS.10078 52/-. THE STATEMENT OF THE APPELLANT THEREFORE THAT HIS C ORRECT AGRICULTURAL INCOME WAS ONLY RS.4 70830 /- AND NOT RS.4 708302/- DOES DOT GET SUPPORTED BY THE DETAILS SUBMITTED BY THE APPELLANT OF HIS AGRICULTURAL INCO ME TO EXPLAIN THE CASH DEPOSITS IN HIS BANK ACCOUNT. FURT HER, THE AGRICULTURAL INCOME OF RS.1500000 /- CLAIMED BY THE APPELLANT IS ALSO WITHOUT TAKING NOTE OF THE FACT T HAT IT DOES NOT TAKE INTO ACCOUNT THE CASH DEPOSITS OF RS. 550000 /_ IN THE ACCOUNT OF SHRI MANGILAL PATIDAR AND RS.2 50000 /- IN THE ACCOUNT OF SHRI JITENDRA PATIDAR. FURTHER , APPELLANT HAS PRODUCED DETAILS OF LAND HOLDING AND CROPS GROWN ACCORDING TO WHICH TOTAL LAND HOLDING OF THE APPELLANT IS ONLY 3.263 HECTARES AND THE GROSS RECE IPTS SHOWN FROM 3.263 HECTARES AT RS.1500000 /- COMES TO SHRI VASUDEV PATIDAR ITANO.473/IND/2017 10 RS.460000/- PER HECTARES. APPELLANT HAS SUBMITTED BILLS OF SALE OF ONIONS AND POTATOES AND VEGETABLES TOTALING TO RS.792559/-. THIS DOES NOT INCLUDE THE AMOUNT OF RS.528767/- RECEIVED FROM SHIV SHAKTI ALOO UTPADAK BY CHEQUE. APPELLANT HAS NOT PRODUCED THE DETAILS OF A REA UNDER ALOO CULTIVATION, ONION CULTIVATION AND VEGET ABLES CULTIVATION. FROM THE BILLS SUBMITTED AND CHEQUE RECEIPTS FROM SALE OF AGRICULTURAL PRODUCE THE TOTAL COMES T O RS.1350411/-. AS AGAINST THIS CASH DEPOSITS ARE RS.2590000/- IN THE ACCOUNT OF THE APPELLANT, RS.250000/- IN THE ACCOUNT OF SHRI JITENDRA PATIDAR WHO DOES NO T HAVE ANY OTHER INDEPENDENT SOURCE OF INCOME TO EXPL AIN THE SAID DEPOSIT AND RS. 550000/ - IN THE ACCOUNT OF SHRI MANGILAL PATIDAR BROTHER OF THE APPELLANT, WHO ALSO HAS INCOME FROM AGRICULTURE, WHICH TOTALS TO RS.3390000/-. CONSIDERING THE ABOVE THE AGRICULTURAL RECEIPTS EST IMATED BY THE APPELLANT ARE RS.1500000/ -. EVEN IF, THE CASH DEPOSITS IN THE ACCOUNT OF SHRI MANGILAL PATIDAR IS NOT TAKEN INTO CONSIDERATION THE CASH DEPOSITS IN THE A CCOUNT OF THE APPELLANT AND HIS SON WORK OUT TO RS.2840000/-. FOR THE YEAR UNDER CONSIDERATION IT IS ALSO SEEN TH AT THE SON OF THE APPELLANT SHRI JITENDRA HAS CONSTRUCTED A WARE HOUSE AND THE APPELLANT HAS ALSO CONTRIBUTED TOWARDS EXPENSES ON SUCH CONSTRUCTION. IN THE WAKE OF THE ABOVE THE CONTENTION OF THE APPELLANT THAT CASH WITHDRAWN FROM THE BANK ACCOUNT WAS RE-DEPOSITED IS FOUND TO BE NOT SATISFACTORY TO EXPLAIN THE DEPOSITS IN CASH IN THE ACCOUNT. APPELLANT HAS ALSO NOT BIFURCA TED THE UTILIZATION OF THE AMOUNT IN HOUSEHOLD EXPENSES , AGRICULTURAL EXPENSES AND RE-DEPOSIT ON THE RESPECT IVE DATE. CONSIDERING ALL THE ABOVE FACTS IT IS HELD TH AT THE CASH DEPOSITS IN THE BANK ACCOUNT OF THE APPELLANT AND SHRI VASUDEV PATIDAR ITANO.473/IND/2017 11 HIS SON TOTALING TO RS.2840000/ - ARE FOUND TO BE SATISFACTORILY EXPLAINED ONLY TO THE EXTENT OF RS.1500000/- AND THE BALANCE AMOUNT OF RS.1340000/ - IS TREATED TO BE NOT SATISFACTORILY EXPLAINED. THE ADDITION OF RS.4408302/ - IS THEREFORE DIRECTED TO BE RESTRICTED TO RS.1340000/ . THE APPELLANT GETS RELIEF OF RS.3068302/ - .THE EXPLANATION OF THE APPELLANT THAT THE AGRICULT URE INCOME WAS INADVERTENTLY SHOWN AT RS.4708302/- IS FOUND TO BE WITHOUT MERITS. THE WHOLE EXERCISE UNDE R TAKEN BY THE APPELLANT WAS WITH THE INTENTION OF EXPLAINING THE CASH DEPOSITS IN THE BANK ACCOUNT AN D THIS WAS ALSO WITH A VIEW TO ESTABLISH A LINK BETWE EN THE CONSTRUCTION OF THE WARE HOUSE BY HIS SON AND THE WITHDRAWALS FROM HIS BANK ACCOUNT. R,S.3068302/ - DELETED 10. BEFORE US THE LD. COUNSEL FOR THE ASSESSEE TRIE D TO PROVE THAT THE SOURCE OF ALLEGED DEPOSIT IN CASH IN THE BANK ACCOU NT IS EXPLAINED BY THE AGRICULTURE INCOME, PAST SAVINGS AND WITHDRA WAL ON VARIOUS OCCASIONS FROM OTHER BANK ACCOUNTS. HOWEVER, THE LD . COUNSEL FOR THE ASSESSEE FAILED TO REBUT THE FINDING OF LD. CIT (A) THAT THE NET AGRICULTURAL INCOME PRIMARILY WAS COMPUTED AT RS.10 ,07,852/- WHICH TOTALLY NEGATE THE CLAIM OF ASSESSEE THAT THE ONLY AGRICULTURAL INCOME OF RS.4,70,830/- WAS EARNED. LD. COUNSEL FOR THE ASSESSEE ALSO FAILED TO CONTROVERT THE FINDING ABOUT THE SOU RCE OF INVESTMENT IN THE WAREHOUSE CONSTRUCTION BY MR. JITENDRA PATID AR, (SON OF THE ASSESSEE), HOUSEHOLD EXPENSES NOT CONSIDERED IN CAS H FLOW STATEMENTS, NO INDEPENDENT SOURCE OF INCOME OF THE ASSESSEES SON, NON-PRODUCTION OF DETAILS OF POTATO, ONION, VEGETAB LES CULTIVATION. SHRI VASUDEV PATIDAR ITANO.473/IND/2017 12 11. WE, THEREFORE, IN THE GIVEN FACTS AND CIRCUMSTA NCES OF THE CASE AND FAIR FINDING OF FACTS GIVEN BY THE LD. CIT(A) W HO AFTER EXAMINING THE CASH FLOW STATEMENTS, TRANSACTIONS CARRIED BY T HE ASSESSEE DURING THE YEAR, AGRICULTURAL PROCEEDS AND EXPENSES INCURRED DURING THE YEAR HAS GIVEN RELIEF OF RS.30,68,302/- AS AGAINST THE ADDITION MADE BY THE LD. AO AT RS.44,08,302/-, FIND NO MERIT IN THE SUBMISSIONS OF LD. COUNSEL FOR THE ASSESSEE. WE, TH EREFORE, FIND NO REASONS TO INTERFERE IN THE WELL-REASONED FINDING O F THE LD. CIT(A). ACCORDINGLY GROUNDS RAISED BY THE ASSESSEE STANDS D ISMISSED. 12. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DI SMISSED. ORDER WAS PRONOUNCED IN THE OPEN COURT ON 30.10.20 19. SD/- (KUL BHARAT) SD/- (MANISH BORAD) JUDICIAL MEMBER ACCOUNTANT MEMBER INDORE; DATED : 30/10/2019 CTX? P.S/. . . COPY TO: ASSESSEE/AO/PR. CIT/ CIT (A)/ITAT (DR)/GUAR D FILE. BY ORDER ASSISTANT REGISTRAR