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...
![Jewellery collection of married life of 25 to 30 years not treated as abnormal for levying tax: ITAT deletes addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Jewellery-collection-tax-ITAT-ITAT-Delhi-Income-tax-jewellery-tax-taxscan.jpg "Jewellery collection of married life of 25 to 30 years not treated as abnormal for levying tax: ITAT deletes addition [Read Order]")
Income Tax Department Raid at Tobacco Bigwig’s Residence: Seizes Cash, Luxury Watches and Jewellery Worth more than 7 Crores
The Income Tax Department has intensified its crackdown on suspected tax evasion, conducting raids at multiple locations associated with Bansidhar Tobacco Private Limited, headquartered in Kanpur....
Excess Jewellery found during Search in Wealthy Family belonged to Married Woman is Reasonable: ITAT Deletes Addition u/s 69A of Income Tax Act [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition under Section 69A of the Income Tax Act holding that the excess jewellery found during the search in a wealthy family...
![Excess Jewellery found during Search in Wealthy Family belonged to Married Woman is Reasonable: ITAT Deletes Addition u/s 69A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Excess-Jewellery-found-during-Search-in-Wealthy-Family-Married-Woman-is-Reasonable-ITAT-Deletes-Addition-Income-Tax-Act-TAXSCAN.jpg "Excess Jewellery found during Search in Wealthy Family belonged to Married Woman is Reasonable: ITAT Deletes Addition u/s 69A of Income Tax Act [Read Order]")
CBIC Designates Khajod Village, Gujarat, as Hub for Importing and Exporting Precious and Semi-Precious Goods [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) vide notification no. 74/2023-Customs (N.T.) G.S.R. 726(E) issued on 9th October 2023 has notified the designation of Khajod Village of Gujarat...
