Neutral impactEconomy
Can income tax authorities tax money deposited in your bank account for someone else? ITAT rules in ₹3.69 crore case
Mint 14 hrs ago·14 Nov 2026, 12:44 pm
Excerpt from Mint
Can income tax authorities tax money deposited in your bank account on behalf of others? The ITAT has deleted a ₹ 3.69 crore tax addition against a woman who facilitated payments between bangle traders, ruling that the entire deposits were not automatically her income. The Agra bench of the Income Tax Appellate…Read the original at Mint
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