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What is ITA 228/Bang/2024: Agricultural Income Dispute about?

The Income Tax Appellate Tribunal reviewed an appeal from A.S. Srinath (HUF) regarding the assessment of agricultural income for the year 2017-18, where the Assessing Officer estimated agricultural expenditure at 30% of gross income, leading to an additional tax on perceived excess income. The Tribunal found that the Assessing Officer

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svcosharing

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EN