ITAT Deletes Addition on Cash Deposits Collected as Customer Vehicle Advances:
ITAT accepts sub-agent business model, holds customer advances cannot be taxed as unexplained income.
Tribunal recognizes commission-based vehicle booking model and deletes cash deposit addition.
Meetu Kumari
Jul 4, 2026Premium
ITAT Deletes Addition on Cash Deposits Collected as Customer Vehicle Advances
ITAT accepts sub-agent business model, holds customer advances cannot be taxed as unexplained income.
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Meetu Kumari
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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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Jodhpur, Rajasthan, India
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