Accommodation Entries Taxable Only on Commission, Not Gross Credits

ACIT Vs Radhey Shyam Bansal (ITAT Delhi) Accommodation Entry Operator Taxable Only on Commission @0.50%; No Gross Additions Without Incriminating Material – ITAT Delhi Dismisses Revenue Appeals In ACIT vs. Radhey Shyam Bansal (ITA Nos. 5719 to 5721/Del/2025; AYs 2010-11 to 2012-13), the Delhi ITAT “G” Bench dismissed all three Revenue appeals and upheld the CIT(A)’s order restricting additions merely to commission income @0.50% on alleged accommodation entry transactions, instead of taxing the entire gross credits. The Assessee, a practising Chartered Accountant, was subjected to searc...