Monday, July 2, 2018

ITAT Grants Relief to Assessee as Jewellery found during Search was within the limit prescribed in CBDT Circular: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) in the case of Shri Ashok Jain v. ACIT, Mumbai held that where jewellery was found with the assessee within the limit prescribed by the CBDT circular, the same cannot be added to the income. The sole issue in the present appeal was with […]

The post ITAT Grants Relief to Assessee as Jewellery found during Search was within the limit prescribed in CBDT Circular: ITAT appeared first on Taxscan | Simplifying Tax Laws.



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