https://www.taxtmi.com/caselaws?id=793739 Protective addition in the assessee's hands was deleted where the cash trail and transaction chain were already owned up by another person and no independent material showed that the amount belonged to the assessee. The addition for the gold-related transaction, including the alleged commission, was also deleted because the source person had explained the advance and profit, and the record did not separately establish commission income in the assessee's hands. The dispute concerning 2 kg of gold seized by the Enforcement Directorate was remanded because ownership was not conclusively verified and that question was material to taxability as commission income. en-us Fri, 05 Jun 2026 00:00:00 +0530 Tue, 23 Jun 2026 08:08:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793739 Protective addition in the assessee's hands was deleted where the cash trail and transaction chain were already owned up by another person and no independent material showed that the amount belonged to the assessee. The addition for the gold-related transaction, including the alleged commission, was also deleted because the source person had explained the advance and profit, and the record did not separately establish commission income in the assessee's hands. The dispute concerning 2 kg of gold seized by the Enforcement Directorate was remanded because ownership was not conclusively verified and that question was material to taxability as commission income. Case-Laws Income Tax Fri, 05 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793739