No sec. 69A additions if assessee had sufficient fund from past years incomes for making investment

INCOME TAX : Where during year, assessee had returned income of Rs. 2 lakhs (approx.) and purchased agricultural land for Rs. 40 lakhs and Assessing Officer noted that agricultural income was meagre and assessee could not prove immediate source of investment in purchase of land and he treated said investment as unexplained, since income/saving of assessee for last 4 years i.e. income from sale of crop and income from sale of vegetable and lahsun,

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