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Income Tax Department conducts searches at various locations in Uttar Pradesh
The Income Tax Department started a search and survey action on 18/11/2020 in the case of a leading cattle feed producer in Northern India. The...
![ITAT deletes Addition since AO combined Value of Gold and Silver together, ignored CBDT Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Gold-Silver-ITAT-Taxscan-1.jpg "ITAT deletes Addition since AO combined Value of Gold and Silver together, ignored CBDT Circular [Read Order]")
ITAT disallows Married Lady’s Claim to Exempt Sale Consideration of Gold received as Meher, Grants partial relief following CBDT Circular
Following a CBDT circular regarding non-seizure of gold upto 500 gms possessed by a married woman, the ITAT Mumbai granted partial relief to assessee, a lady by exempting the sale consideration of 500...
