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Case Law Details

Case Name : ACIT Vs Anil Aggarwal (ITAT Delhi)
Related Assessment Year : 2008-09
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ACIT Vs Anil Aggarwal (ITAT Delhi)

Entry operator’s commission income alone taxable, not entire turnover- ITAT Delhi upholds deletion of ₹19.18 crore protective addition

A search u/s 132 was conducted on the Rockland Group & related parties on 06.09.2011, followed by a consequential search on Shri Anil Aggarwal, an alleged entry operator from Laxmi Nagar, Delhi. Based on seized material & his statement u/s 132(4), AO held that Aggarwal had provided accommodation entries worth ₹19.18 crore during FY 2007-08 & earned commission income thereon.

AO estim

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