Explanation that jewellery was acquired out of income of Bigger HUF was plausible – ITAT
May 25, 2023
Income Tax, ITAT
Explanation that jewellery was acquired out of agricultural income of Bigger HUF before its partition cannot be termed as not plausible – ITAT ABCAUS Case Law Citation:ABCAUS 3753 (2023) (05) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming addition …