Commission @0.15% Reflects True Income in Entry Operations

Ram Prakash Bhatia Vs DCIT (ITAT Delhi) Entry Operator Can Be Taxed Only on Commission @0.15%: Once Accommodation Entry Business Is Accepted, Whole Bank Credits Can’t Be Taxed: Delhi ITAT ‘E’ Bench in Shri Ram Prakash Bhatia vs DCIT  (ITA Nos.1477 to 1481/Del/2024, AYs 2011-12 to 2015-16, order dated 24-12-2025) partly allowed the assessee’s appeals and held that where the assessee is admittedly an accommodation entry provider, only commission income can be taxed and not the entire bank credits or fund rotations. The assessee was subjected to survey on 08-08-2014 and admitted to provi...