insurance agents

Case Laws

Cash deposited by a client in insurance agent’s bank account is mere remittance.

Ashish N. Vashi vs ITO Facts of the case The assessee is an insurance agent, he used to collect cash from various parties and deposit them into his bank account and out of...

Rahul Manglam - May 29, 2021

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insurance agents

Recent posts

Can a Rs. 6.75 lakh jump in share price lead to a Rs. 52 crore tax addition ?

The GSTAT Rollout Delay: A Wake-Up Call for India’s Tax Ecosystem

Do the New Income Tax Rules Really Impose an 84% Penalty on Cash Kept at Home?

Why Indian Businesses Are Urging Tax-Neutral Demergers Ahead of Budget 2026–27 ?

Can Agricultural Income of ₹1.44 Crore Be Rejected Based Solely on Online Yield and Price Estimates?

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