Taxpayer declared Rs 1.79 lakh in ITR, faced Rs 11.22 crore income addition on large cash deposits, unsecured loans; ITAT grants him chance to substantiate case with condition he plant 500 trees

The Assessing Officer examined the taxpayer’s financial transactions and identified substantial cash deposits, unsecured loans running into crores and agricultural income of Rs 3 lakh that was not backed by supporting evidence.
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