https://www.taxtmi.com/caselaws?id=778361 ITAT DELHI-AT affirmed additions: a 2% estimate on commodity/share transactions based on exchange information was upheld as business income (CIT(A) confirmation); a 0.5% estimate of profit on BSE trading turnover was also sustained as undeclared business income. The tribunal deleted the addition treating agricultural receipts as other-source income, allowing applicable exemptions. Regarding claimed operating expenses, the tribunal declined both parties' positions and, in the interest of justice, reduced the disallowance to 10% of total expenses (instead of 30%), subject to a non-precedential rider and recalculation as per law. en-us Fri, 12 Sep 2025 00:00:00 +0530 Mon, 15 Sep 2025 08:26:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778361 ITAT DELHI-AT affirmed additions: a 2% estimate on commodity/share transactions based on exchange information was upheld as business income (CIT(A) confirmation); a 0.5% estimate of profit on BSE trading turnover was also sustained as undeclared business income. The tribunal deleted the addition treating agricultural receipts as other-source income, allowing applicable exemptions. Regarding claimed operating expenses, the tribunal declined both parties' positions and, in the interest of justice, reduced the disallowance to 10% of total expenses (instead of 30%), subject to a non-precedential rider and recalculation as per law. Case-Laws Income Tax Fri, 12 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778361