https://www.taxtmi.com/highlights?id=77772 In the case before ITAT Delhi, the issue revolved around the computation of commission income on credit entries and unexplained cash credit u/s 68. The assessee failed to substantiate the source of cash deposits but argued that he has only earned commission income on the entries provided by him. The Tribunal, considering previous rulings, treated the assessee as an Entry Operator and determined commission at 0.15% on the disputed amount. The AO was directed to charge commission accordingly. en-us Fri, 24 May 2024 09:37:55 +0530 Fri, 24 May 2024 09:37:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=77772 In the case before ITAT Delhi, the issue revolved around the computation of commission income on credit entries and unexplained cash credit u/s 68. The assessee failed to substantiate the source of cash deposits but argued that he has only earned commission income on the entries provided by him. The Tribunal, considering previous rulings, treated the assessee as an Entry Operator and determined commission at 0.15% on the disputed amount. The AO was directed to charge commission accordingly. Highlights Income Tax Fri, 24 May 2024 09:37:55 +0530 https://www.taxtmi.com/highlights?id=77772