![Delhi HC Rules Seizure of Gold Jewellery and Used iPhone from UAE Resident Qualify as Personal Effects, Directs Their Release [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/500x300_2041543-gold-jewellery-and-used-iphone-seizure.webp "Delhi HC Rules Seizure of Gold Jewellery and Used iPhone from UAE Resident Qualify as Personal Effects, Directs Their Release [Read Order]")
Delhi HC Rules Seizure of Gold Jewellery and Used iPhone from UAE Resident Qualify as Personal Effects, Directs Their Release [Read Order]
The Delhi High Court, while hearing a plea by UAE resident Yogesh Anand, held that the seizure of his gold jewellery and used iPhone brought from...
![Supply of Pre-Owned Gold/Diamond Jewellery to Third Person After Minor Processing attracts 3% GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/AAR-Authority-for-Advance-Ruling-Gold-or-Diamond-Jewellery-GST-Supply-of-Pre-Owned-Gold-gold-Jewellery-Diamond-Jewellery-Goods-and-Services-Tax-taxscan-4.jpg "Supply of Pre-Owned Gold/Diamond Jewellery to Third Person After Minor Processing attracts 3% GST: AAR [Read Order]")
![Excess Gold Jewellery Stock found during Survey Proceedings as Stock transferred from Proprietary Concern to Partnership Firm, not unexplained Investment u/s 69B of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Gold-Jewellery-Excess-Gold-Jewellery-Stock-Gold-Jewellery-Stock-Survey-Proceedings-Stock-transferred-Proprietary-Concern-Partnership-Firm-unexplained-investment-ITAT-taxscan.jpg "Excess Gold Jewellery Stock found during Survey Proceedings as Stock transferred from Proprietary Concern to Partnership Firm, not unexplained Investment u/s 69B of Income Tax Act: ITAT [Read Order]")
No Proof that Seized Gold Jewellery is of Foreign Origin found during DRI Investigation: CESTAT quashes Confiscation [Read Order]
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), quashed confiscation of gold jewellery on the ground that there was no proof that seized gold jewellery is of...
![No Proof that Seized Gold Jewellery is of Foreign Origin found during DRI Investigation: CESTAT quashes Confiscation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-Proof-Seized-Gold-Jewellery-Foreign-Origin-DRI-Investigation-CESTAT-Confiscation-TAXSCAN.jpg "No Proof that Seized Gold Jewellery is of Foreign Origin found during DRI Investigation: CESTAT quashes Confiscation [Read Order]")
Quantity of Gold Jewellery Less than Allowable Limit by CBDT Circular not Unexplained Jewellery u/s 69 of Income Tax Act: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that as per the CBDT (Central Board of Direct Taxes) circular, 500 gms for the assessee, 100 gms for her husband and 250 gms for her...
![Quantity of Gold Jewellery Less than Allowable Limit by CBDT Circular not Unexplained Jewellery u/s 69 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Quantity-Gold-Jewellery-Allowable-CBDT-Circular-Unexplained-Jewellery-Income-Tax-Act-ITAT-TAXSCAN.jpg "Quantity of Gold Jewellery Less than Allowable Limit by CBDT Circular not Unexplained Jewellery u/s 69 of Income Tax Act: ITAT [Read Order]")
![No GST on Margin Difference of Second-Hand Gold Jewellery Purchase-Sale: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/GST-Second-Hand-Jewellery-Second-Hand-Gold-GST-Purchase-Selling-Price-Difference-Melting-Second-hand-Gold-Jewellery-AAR-Gold-Jewellery-No-GST-on-Margin-Difference-Purchase-Sale-taxscan.jpg "No GST on Margin Difference of Second-Hand Gold Jewellery Purchase-Sale: AAR [Read Order]")
Purchase of Flat out of Sale Proceeds of Gold Jewellery: ITAT Allows Capital Gain Exemption u/s 54F [Read Order]
The Mumbai Bench of Income Tax Appellate tribunal (ITAT) has allowed capital gain exemption under Section 54F of the Income Tax Act 1961, on finding that the purchase of flats was out of sale...
![Purchase of Flat out of Sale Proceeds of Gold Jewellery: ITAT Allows Capital Gain Exemption u/s 54F [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Sale-Proceeds-of-Gold-Jewellery-ITAT-Capital-Gain-Exemption-TAXSCAN.jpg "Purchase of Flat out of Sale Proceeds of Gold Jewellery: ITAT Allows Capital Gain Exemption u/s 54F [Read Order]")
![Gold Jewellery acquired by Tradition/Customs: ITAT allows Income Tax Concession [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Gold-Gold-Jewellery-Tradition-Customs-ITAT-Income-Tax-Concession-Income-Tax-Tax-Concession-Tax-Concession-taxscan.jpg "Gold Jewellery acquired by Tradition/Customs: ITAT allows Income Tax Concession [Read Order]")
Deposit of Gold Jewellery by Family members of Partners amount to Stock in Trade of the Firm: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal(ITAT) has held that the deposit of gold jewellery by family members of a partner in the partnership firm would be treated as the stock in trade of...
![Deposit of Gold Jewellery by Family members of Partners amount to Stock in Trade of the Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Deposit-of-Gold-Jewellery-by-Family-members-of-Partners-amount-to-Stock-in-Trade-of-the-Firm-ITAT-TAXSCAN.jpg "Deposit of Gold Jewellery by Family members of Partners amount to Stock in Trade of the Firm: ITAT [Read Order]")
High Status and Family Tradition of Assessee shall be Considered: ITAT deletes Addition of Heavy Gold Jewellery received as 'Streedhan' by Royal Family Member [Read Order]
While deleting an addition in respect of heavy gold jewellery received as “Streedhan”, the Income Tax Appellate Tribunal (ITAT), Jaipur bench has held that the high status and family traditions shall...
![High Status and Family Tradition of Assessee shall be Considered: ITAT deletes Addition of Heavy Gold Jewellery received as Streedhan by Royal Family Member [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Assessee-ITAT-Heavy-Gold-Jewellery-Royal-Family-Member-taxscan.jpg "High Status and Family Tradition of Assessee shall be Considered: ITAT deletes Addition of Heavy Gold Jewellery received as Streedhan by Royal Family Member [Read Order]")