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![ITAT directs Assessing Officer to add only 12% of On-Money Receipts as Undisclosed Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-AO-on-money-receipts-undisclosed-income-taxscan.jpeg "ITAT directs Assessing Officer to add only 12% of On-Money Receipts as Undisclosed Income [Read Order]")
ITAT directs Assessing Officer to add only 12% of On-Money Receipts as Undisclosed Income [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench directed the AO to add only 12% of on-money receipts as undisclosed income. The assessee,...