Assessee engaged in commission agency business for procuring ...

Cash deposits treated as genuine sales proceeds, commission income by ITAT.

January 15, 2025

Case Laws Income Tax AT

Assessee engaged in commission agency business for procuring fruits/vegetables. Cash deposits in bank explained as sale proceeds and commission income. ITAT held source of cash deposits fully explained, deleting addition made by CIT(A) u/s 68. Decided in favour of assessee.

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Assessee engaged in commission agency business for procuring ...

Cash deposits treated as genuine sales proceeds, commission income by ITAT.

January 15, 2025

Case Laws Income Tax AT

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