While applying a liberal approach to interpret the CBDT circular imposing restrictions on the seizure of jewellery, the Income Tax Appellate Tribunal (ITAT), Indore bench has held that the silver articles given to the bride as per the Indian customs and tradition cannot be seized by the income tax authorities. The department seized some jewellery […]
The post Silver Articles given to Bride can’t be seized: ITAT Liberally Interprets CBDT Instruction appeared first on Taxscan | Simplifying Tax Laws.
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