719g Jewellery found in locker declared Stri Dhan from Parents: ITAT deletes Addition u/s 69 [Read Order]
The jewellery found in the locker was Stri Dhan received at the time of her marriage and at various festive and auspicious occasions from her parents, in-laws and other close relatives
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) eliminated the additional assessment under section 69 of the Income Tax Act, following the declaration of 719 grams of jewellery found in the locker as Stri Dhan, received from the assessee’s parents. During the operation of the locker at New Delhi Vaults Limited,…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
