The amount deposited in the bank account was in fact sale ...
Court Rules Section 69 Addition Unwarranted: Bank Deposits from Goods Sales with Commission Payments Validated.
March 21, 2014
Case Laws Income Tax AT
The amount deposited in the bank account was in fact sale proceeds of the goods, against whom the assessee issued cheques to various dealers and earned commission – addition u/s. 69 is wholly unwarranted and unjustified - AT
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