Diamond jewellery is always studded with gold and loose diamonds were found during search operation, ITAT deleted addition u/s 69A …
Explanation that jewellery was acquired out of agricultural income of Bigger HUF before its partition cannot be termed as not…
There is no provision in the Income Tax Act to tax the difference between value of jewellery declared and jewellery…
Drawings and returned income speak volumes about richness of family – ITAT deleted addition for jewellery found during search. ABCAUS…
Jewellery can not be held unexplained simply because weight of Gold coins was not stated in the Will and only…
CBDT Circular though meant for non-seizure of jewellery takes into account quantity of jewellery generally held by family members of…
Assessee can not be taxed for jewellery belonging to family members erroneously or under compulsion offered to tax during search…
Addition for jewellery found in search deleted as net weight found in search was lower than jewellery found during earlier…
In the absence of finding as to the year of purchase, jewellery found in locker would not represent the undisclosed…
Jewellery Bills found during search-benefit of CBDT Instruction can not be denied if only bills are found and the jewellery…