ITAT Holds Cash Deposits of Commission Agent Cannot Be Automatically Treated as Unexplained Income under Section 69A:

The Income Tax Appellate Tribunal (ITAT) Bangalore has held that cash deposits made by a commission agent cannot be treated as unexplained money under Section 69A merely because they were deposited in his bank account.

ITAT Remands Matter after Finding Cash Deposits Represented Sale Proceeds

SaimaJul 7, 2026

Last update on Jul 7, 2026