https://www.taxtmi.com/caselaws?id=794103 Cash deposits and other bank credits linked to a tobacco business were not treated as fully taxable under section 69A. The Tribunal followed its own earlier year view that routed business receipts could not be taxed in full without allowing for purchases, and noted that the Revenue produced no contrary material. It therefore applied the same approach for the year in issue and restricted the addition to 10% of the deposits and credits, granting partial relief to the assessee. en-us Mon, 29 Jun 2026 00:00:00 +0530 Tue, 30 Jun 2026 07:22:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794103 Cash deposits and other bank credits linked to a tobacco business were not treated as fully taxable under section 69A. The Tribunal followed its own earlier year view that routed business receipts could not be taxed in full without allowing for purchases, and noted that the Revenue produced no contrary material. It therefore applied the same approach for the year in issue and restricted the addition to 10% of the deposits and credits, granting partial relief to the assessee. Case-Laws Income Tax Mon, 29 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794103