https://www.taxtmi.com/caselaws?id=792351 Cash deposited during demonetization from a money transfer agency business was found traceable to amounts collected for principals and remitted onward, so it was not treated as unexplained money under section 69A. The commission from the agency activity was also to be recomputed on a 1% basis, as the higher 2% estimate was considered excessive on the facts and inconsistent with the declared commission pattern. The unexplained cash addition was deleted, and income was directed to be recalculated on the lower commission rate, giving the assessee partial relief. en-us Fri, 22 May 2026 00:00:00 +0530 Wed, 27 May 2026 07:29:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792351 Cash deposited during demonetization from a money transfer agency business was found traceable to amounts collected for principals and remitted onward, so it was not treated as unexplained money under section 69A. The commission from the agency activity was also to be recomputed on a 1% basis, as the higher 2% estimate was considered excessive on the facts and inconsistent with the declared commission pattern. The unexplained cash addition was deleted, and income was directed to be recalculated on the lower commission rate, giving the assessee partial relief. Case-Laws Income Tax Fri, 22 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792351