From Livemint
Owned by HT Media Ltd.Can income tax authorities tax money deposited in your bank account for someone else? ITAT rules in ₹3.69 crore case
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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.