https://www.taxtmi.com/caselaws?id=786725 Whether entire bank credits in an account maintained with a cooperative society constitute the assessee's unexplained income or only a reasonable commission was the core issue. The Tribunal, prioritising statutory and factual findings from the Investigation Wing about accommodation/angadia-style operation and absence of attributable assets or lavish expenditure, applied precedents that attribute only a small commission where real beneficiaries are unidentified. Exercising discretion on the facts, the Tribunal directed computation of taxable income by adopting a fixed reasonable rate of commission on deposits rather than treating full deposits as the assessee's income. en-us Mon, 16 Feb 2026 00:00:00 +0530 Wed, 18 Feb 2026 08:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786725 Whether entire bank credits in an account maintained with a cooperative society constitute the assessee's unexplained income or only a reasonable commission was the core issue. The Tribunal, prioritising statutory and factual findings from the Investigation Wing about accommodation/angadia-style operation and absence of attributable assets or lavish expenditure, applied precedents that attribute only a small commission where real beneficiaries are unidentified. Exercising discretion on the facts, the Tribunal directed computation of taxable income by adopting a fixed reasonable rate of commission on deposits rather than treating full deposits as the assessee's income. Case-Laws Income Tax Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786725