jewellery found during survey

  • Income Tax

Jewellery belonging to family members found in search can not be taxed in assessee’s hand

Assessee can not be taxed for jewellery belonging to family members erroneously or under compulsion offered to tax during search…

4 years ago
  • Income Tax

No addition for jewellery found in search as net weight was lower than found in earlier search

Addition for jewellery found in search deleted as net weight found in search was lower than jewellery found during earlier…

4 years ago
  • Income Tax

Jewellery Bills found during search-Benefit of CBDT Instruction available if only bills are found

Jewellery Bills found during search-benefit of CBDT Instruction can not be denied if only bills are found and the jewellery…

5 years ago
  • Income Tax

It is customary for Indian ladies to share locker to keep jewellery of family members

It is common practice in Indian household that ladies share locker for keeping jewellery with family members- ITAT deletes addition…

5 years ago
  • Income Tax

Addition made for Jewellery belonging to mother in law deleted as it was given to assessee before her death-ITAT

Addition made for Jewellery belonging to mother-in-law deleted. Jewellery found during search was claimed as given to the assessee before her death-ITAT…

6 years ago
  • Income Tax

Jewellery held belonging to 3 wives though purchase bills found in search were in assessee’s name.

Jewellery held belonging to 3 wives though purchase bills found in search were in assessee's name. HC uphelds deletion of…

6 years ago
  • Income Tax

Personal jewellery of family members found during survey in physical stock was to be excluded during assessment – ITAT

Personal jewellery of family members found during survey in physical stock was to be excluded during assessment as the burden…

7 years ago