https://www.taxtmi.com/caselaws?id=472114 Cash deposits comprising specified bank notes are not assessable as unexplained money under Section 69A where customer collections for electronic-payment facilitation are supported and their source is explained; dealings before 31 December 2016 were not prohibited. Bank credits demonstrably attributable to another taxpayer's money-transfer business, where related commission has been taxed there, must be excluded to avoid double taxation. Commission for the taxpayer's own electronic-payment facilitation business is to be computed at the evidence-supported 2.5% rate rather than 8%, with eligible TDS credit. en-us Thu, 17 Apr 2025 00:00:00 +0530 Wed, 30 Sep 2026 08:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472114 Cash deposits comprising specified bank notes are not assessable as unexplained money under Section 69A where customer collections for electronic-payment facilitation are supported and their source is explained; dealings before 31 December 2016 were not prohibited. Bank credits demonstrably attributable to another taxpayer's money-transfer business, where related commission has been taxed there, must be excluded to avoid double taxation. Commission for the taxpayer's own electronic-payment facilitation business is to be computed at the evidence-supported 2.5% rate rather than 8%, with eligible TDS credit. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472114