The Income Tax Appellate Tribunal (ITAT) deleted the addition by Commissioner of Income Tax (CIT)(A) on account of unexplained jewellery in the light of the fact that the jewellery seized was supported by purchase bills and Books of Accounts. The assessee is an individual and derives income from salary and other sources. Search and seizure […]
from Taxscan | Simplifying Tax Laws https://ift.tt/3cYka7q
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