Investment on Gold Proved with Bills and Vouchers: ITAT deletes Income Tax Addition [Read Order]

Investment - Gold - Proved - Bills - Vouchers - ITAT - deletes - Income - Tax - Addition - TAXSCAN

While deleting the Income Tax Addition, the Income Tax Appellate Tribunal (ITAT), Ahmadabad bench has held that investment on gold would not come under Total income of assesse when it is proved with bills and vouchers. Shri M.J. Shah & Shri Rushin Patel appeared for the appellant and Shri R.R. Makwana appeared for the department….

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