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![Only Profit Embedded in Unaccounted Receipts can be Taxed, Not the Entire Receipts: ITAT [Read Order] Only Profit Embedded in Unaccounted Receipts can be Taxed, Not the Entire Receipts: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/02/500x300_2057888-unaccounted-receipts.webp)
Only Profit Embedded in Unaccounted Receipts can be Taxed, Not the Entire Receipts: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) held that only the profit element embedded in unaccounted receipts can be taxed, not...