Naranbhai Desai vs ITO, Ward-7(2)(1), Ahmedabad

Parties Involved

Facts Summary

The Assessee, Naranbhai Desai, an agriculturist, did not file income tax returns for Assessment Years 2012-2013 and 2013-2014. The Assessing Officer initiated assessment proceedings under Section 147 of the Income Tax Act, 1961, based on information about transactions involving the sale and purchase of immovable properties. The Assessee did not participate in the assessment proceedings, leading to an Assessment Order dated 03/12/2018. The Assessee appealed against this order to the Commissioner of Income Tax (Appeals), which was partially allowed on 16/07/2025. The Assessee further appealed to the Income Tax Appellate Tribunal, challenging the denial of exemption under Section 54B of the Act and the treatment of agricultural income as 'income from other sources'.…

Legal Issues

• 1. Denial of exemption under Section 54B of the Act
• 2. Treatment of agricultural income as 'income from other sources'

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

Similar Judgements

• Bhanubhai Manilal Patel vs. Deputy Commissioner of Income Tax

  Ahmedabad bench

• Guru Kripa Seva Ashram Vs. ITO, Exemption Ward 1(2), Pune

  Pune bench

• Kuldeep Singh vs. The ITO

  Chandigarh bench

• DCIT, Circle 52(1), New Delhi vs. Bhupinder Singh Bhalla

  Delhi Bench benchAY 2016-17Allowed

• Adel Saini vs. Income Tax Officer, Ward-1(1), Faridabad, Haryana

• Hargovind Motibhai Desai Vs. The Income Tax Officer

  Ahmedabad bench