Status and Traditional Practices shall be Considered during Addition of Unexplained Jewellery: ITAT Allows Further Benefit of 600 Grams of Jewellery to NRI woman [Read Order]

Status - and - Traditional - Practices - Unexplained - Jewellery - ITAT - NRI - woman - TAXSCAN

The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has allowed the benefit of 600 grams of jewellery to the NRI women observing that the status and traditional practices should be considered during the addition of unexplained jewellery. A search operation was conducted at residential premises of Shri S.A. Mohideen Sheik (assessee’s father- (assessee-Mohamed Mohideen Ayesha…

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