https://www.taxtmi.com/caselaws?id=465869 Where third-party client-code transactions are attributed to the assessee, netting of mark-to-market profits and losses must include all seized ID codes, reducing the MTM addition to Rs. 29,69,808. Charging a separate commission on those same attributed transactions constitutes double addition and is deleted. Payments to stock exchanges treated as regulatory charges were allowed and the disallowance of Rs. 1,03,500 was deleted. Unexplained cash credits require explanation but must be adjusted by month-wise set-off against available surrendered amounts and ID-code profits; excess, if any, to be treated as income. Specified business expense disallowance is confirmed as restricted by appeal findings. en-us Thu, 12 Apr 2012 00:00:00 +0530 Tue, 13 Jan 2026 10:50:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465869 Where third-party client-code transactions are attributed to the assessee, netting of mark-to-market profits and losses must include all seized ID codes, reducing the MTM addition to Rs. 29,69,808. Charging a separate commission on those same attributed transactions constitutes double addition and is deleted. Payments to stock exchanges treated as regulatory charges were allowed and the disallowance of Rs. 1,03,500 was deleted. Unexplained cash credits require explanation but must be adjusted by month-wise set-off against available surrendered amounts and ID-code profits; excess, if any, to be treated as income. Specified business expense disallowance is confirmed as restricted by appeal findings. Case-Laws Income Tax Thu, 12 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465869