![Error in Reading Jewellery Sale as Purchase Costs CIT(A); ITAT Orders Fresh Look at Cash Deposit Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094646-cash-deposit-addition-quashed-itat-rule-sales-audited-books-vat-returns.webp "Error in Reading Jewellery Sale as Purchase Costs CIT(A); ITAT Orders Fresh Look at Cash Deposit Addition [Read Order]")
Error in Reading Jewellery Sale as Purchase Costs CIT(A); ITAT Orders Fresh Look at Cash Deposit Addition [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal has set aside an order of the Commissioner of Income Tax (Appeals) after finding that a ...
![Customs Cannot Detain Personal Jewellery just because it is 24K Gold: Delhi HC orders Return of ₹6L Worth Gold Bangles to Umrah Returnee [Read Order]](https://images.taxscan.in/h-upload/2025/07/15/250x150_2064084-customs-customs-cannot-detain-personal-jewellery-personal-jewellery-taxscan.webp "Customs Cannot Detain Personal Jewellery just because it is 24K Gold: Delhi HC orders Return of ₹6L Worth Gold Bangles to Umrah Returnee [Read Order]")
![[BREAKING] Personal Luggag- processed electronically - Air Passengers - Airports - taxscan](https://www.taxscan.in/wp-content/uploads/2025/04/BREAKING-Personal-Luggag-processed-electronically-Air-Passengers-Airports-taxscan.jpg "[BREAKING] Personal Luggag- processed electronically - Air Passengers - Airports - taxscan")
![Quantity of Jewellery under Limit prescribed by Circular: ITAT directs Deletion of S.69B Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Bangalore-Section-69B-of-the-Income-Tax-Act-Income-Tax-Addition-taxscan.jpg "Quantity of Jewellery under Limit prescribed by Circular: ITAT directs Deletion of S.69B Income Tax Addition [Read Order]")
![[QnA] Can I Claim Income Tax Benefits on Selling Gifted Jewellery? Key Questions on Gift Taxation in India Answered](https://www.taxscan.in/wp-content/uploads/2024/12/Gift-tax-in-india.jpg "[QnA] Can I Claim Income Tax Benefits on Selling Gifted Jewellery? Key Questions on Gift Taxation in India Answered")
CESTAT allows Refund of Input Service Tax paid in Respect of Export of Cut and Polished Diamonds [Read Order]
The Mumbai bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) found no merit in the Principal Additional Director General's order denying the refund of input service tax and...
![CESTAT allows Refund of Input Service Tax paid in Respect of Export of Cut and Polished Diamonds [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CESTAT-CESTAT-Mumbai-Service-Tax-Export-of-Diamonds-Diamonds-Taxscan.jpg "CESTAT allows Refund of Input Service Tax paid in Respect of Export of Cut and Polished Diamonds [Read Order]")
Relief to Alukkas Jewellery: Settlement Commission Unauthorized to Rectify Orders Pre-2011 Income Tax Amendment, Rules Madras HC [Read Order]
In a relief to Alukkas Jewellers, the Madras High Court ruled that the Income Tax Settlement Commission had no authority to rectify its orders under Section 154 of the Income Tax Act 1961 (ITA)...
![Relief to Alukkas Jewellery: Settlement Commission Unauthorized to Rectify Orders Pre-2011 Income Tax Amendment, Rules Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Delhi-High-Court-Income-Tax-Income-Tax-Settlement-Commission-ITSC-TAXSCAN.jpg "Relief to Alukkas Jewellery: Settlement Commission Unauthorized to Rectify Orders Pre-2011 Income Tax Amendment, Rules Madras HC [Read Order]")
Public Notice on Permissible Wastages and SIONS w.r.t. Jewellery Export kept in Abeyance till 15th Sept, 2024: DGFT [Read Notification]
The DGFT ( Directorate of Foreign Trade ) has temporarily suspended Public Notice 05/2024, issued on May 27, 2024, until September 15, 2024, following a request from the Gem & Jewellery Export...
![CBIC revises Customs Tariff Value of Oil, Gold, Silver and Areca nuts [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/08/CBIC-Oil-Silver-Areca-nuts-Gold-Customs-Tariff-Taxscan.jpg "CBIC revises Customs Tariff Value of Oil, Gold, Silver and Areca nuts [Read Notification]")
Budget 2024-25: FM Proposes Customs Duty Reforms to Support Domestic Manufacturing, Promote Export Competitiveness, and Simplify Taxation [Read Bill]
The Union Finance Minister Nirmala Sitharaman presented the full budget 2024 today before the parliament at 11 am. Underlining the Prime Minister’s vision for Viksit Bharat by 2047, FM announced a...
DGFT provides Clarification on Re-Import of Unsold Exported Jewellery under HBP 2023 [Read Circular]
The DGFT ( Directorate General of Foreign Trade ) has issued a circular, vide no. 05/2024-25 dated 13th June 2024 with regards to the clarification on re-import of the unsold exported jewellery under...
Public Notice issued on Permissible Wastages and SIONS w.r.t. Jewellery Export kept in Abeyance till 31st of July, 2024: DGFT [Read Order]
The Government has temporarily suspended the public notice 05/2024 issued on 27th May 2024 till 31st July 2024 on representation of the Gem & Jewellery Export Promotion Council. The public notice...
