https://www.taxtmi.com/caselaws?id=793158 Bank credits supported by company confirmations and surrounding transaction patterns were treated as receipts in a commission agency capacity, so the entire deposits could not be assessed as unexplained money under section 69A. However, because formal contracts, purchase bills and complete primary evidence were absent, the claim of only 1.5% commission was rejected and income was reasonably estimated at 8% of the credited amount. The Revenue's challenge to the restricted addition failed, and the estimated addition sustained by the first appellate authority was affirmed. en-us Tue, 03 Mar 2026 00:00:00 +0530 Wed, 10 Jun 2026 07:26:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793158 Bank credits supported by company confirmations and surrounding transaction patterns were treated as receipts in a commission agency capacity, so the entire deposits could not be assessed as unexplained money under section 69A. However, because formal contracts, purchase bills and complete primary evidence were absent, the claim of only 1.5% commission was rejected and income was reasonably estimated at 8% of the credited amount. The Revenue's challenge to the restricted addition failed, and the estimated addition sustained by the first appellate authority was affirmed. Case-Laws Income Tax Tue, 03 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793158