![Non-completion of Assessment as per ITAT Order within Time: Bombay HC directs Refund of Income Tax Paid and Seized Jewellery [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/ITAT-Bombay-HC-refund-of-Income-Tax-Jewellery-TAXSCAN.jpg "Non-completion of Assessment as per ITAT Order within Time: Bombay HC directs Refund of Income Tax Paid and Seized Jewellery [Read Order]")
Non-completion of Assessment as per ITAT Order within Time: Bombay HC directs Refund of Income Tax Paid and Seized Jewellery [Read Order]
The Bombay High Court has recently quashed and set aside the impugned assessment order passed by the revenue authority as per the Income Tax...
![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]](https://www.taxscan.in/wp-content/uploads/2023/02/Status-and-Traditional-Practices-Unexplained-Jewellery-ITAT-NRI-woman-TAXSCAN.jpg "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]")
![Mother keeping Jewellery of Married Daughter Not Uncommon in India: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Jewellery-of-Married-Daughter-Jewellery-ITAT-Addition-taxscan.jpg "Mother keeping Jewellery of Married Daughter Not Uncommon in India: ITAT deletes Addition [Read Order]")
![Fraud of Rs. 20 Lakh and Jewellery by Pretending as Income Tax Officer: Patna HC Grants Bail to Accused After 9 Months in Custody [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Fraud-Jewellery-by-Pretending-as-Income-Tax-Officer-Patna-HC-Grants-Bail-to-Accused-TAXSCAN.jpg "Fraud of Rs. 20 Lakh and Jewellery by Pretending as Income Tax Officer: Patna HC Grants Bail to Accused After 9 Months in Custody [Read Order]")
Renaissance Global eligible for Customs Duty Exemption on Import of Scrap Jewellery: Bombay HC rules Customs Act has no jurisdiction within SEZ Act [Read Order]
A Division Bench of the Bombay High Court ruled that Customs Act has no jurisdiction with in Special Economic Zone (SEZ)Act, 2005and held that M/s. Renaissance Global Limited eligible for Customs...
![Renaissance Global eligible for Customs Duty Exemption on Import of Scrap Jewellery: Bombay HC rules Customs Act has no jurisdiction within SEZ Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Renaissance-Global-eligible-Customs-Duty-Exemption-on-Import-of-Scrap-Jewellery-Bombay-HC-rules-Customs-Act-SEZ-Act-TAXSCAN.jpg "Renaissance Global eligible for Customs Duty Exemption on Import of Scrap Jewellery: Bombay HC rules Customs Act has no jurisdiction within SEZ Act [Read Order]")
E-Commerce Exports of Jewellery Through Courier Mode: CBIC simplifies Regulatory Framework [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular simplifying the regulatory framework for e-commerce exports of jewellery through Courier mode. The Hon'ble Finance...
CBIC amends Regulations for Re-Import of Returned Jewellery exported through Courier on an E-Commerce Platform [Read Notification]
The Central Board of Indirect taxes and Customs (CBIC) has amended the Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2022 for the re-import of returned...
![CBIC amends Regulations for Re-Import of Returned Jewellery exported through Courier on an E-Commerce Platform [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/07/CBIC-amends-Regulations-for-Re-import-of-Returned-Jewellery-exported-through-Courier-on-an-E-commerce-Platform-Taxscan.jpeg "CBIC amends Regulations for Re-Import of Returned Jewellery exported through Courier on an E-Commerce Platform [Read Notification]")
Seizure of Jewellery duly disclosed and substantiated with Documents is unjustified, illegal: Rajasthan HC [Read Order]
The Rajasthan High Court held that the seizure of Jewellery duly disclosed and substantiated with documents is unjustified and illegal. The petitioner, Kantivardhan Pradeep Choraria was...
![Seizure of Jewellery duly disclosed and substantiated with Documents is unjustified, illegal: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Seizure-of-Jewellery-Rajasthan-High-Court-taxscan.jpg "Seizure of Jewellery duly disclosed and substantiated with Documents is unjustified, illegal: Rajasthan HC [Read Order]")
Wealth Tax Assessment liability to arise once Seized Gold, Jewellery, Cash is Released: Bombay HC [Read Judgment]
The Bombay High Court ruled that the wealth tax assessment liability will arise once seized gold, jewellery, cash is released. The assessee, Nirajkumar N. Rungta has sought order and direction to...
Dept can't make Addition solely for receiving Scrapped Currencies Post-Demonetization: ITAT grants Relief to Jewellery after proving Huge Sales with Evidence [Read Order]
The Income Tax Appellate Tribunal (ITAT), Visakhapatnam Bench ruled that no cash inflow involved due to demonetization as the assessee explains the reason for huge sales with evidence. The...
![Dept cant make Addition solely for receiving Scrapped Currencies Post-Demonetization: ITAT grants Relief to Jewellery after proving Huge Sales with Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Scrapped-Currencies-Post-Demonetization-ITAT-Jewellery-Taxscan.jpg "Dept cant make Addition solely for receiving Scrapped Currencies Post-Demonetization: ITAT grants Relief to Jewellery after proving Huge Sales with Evidence [Read Order]")
ITAT deletes Addition as Joint Family can possess 850 gms Jewellery, says No Violation of CBDT Instruction [Read Order]
The Income Tax Appellate Tribunal, Bangalore ruled that when the assessee is living in joint family, gold credit provided by the Commissioner of Income Tax (CIT(A) as per CBDT instructions should be...
![ITAT deletes Addition as Joint Family can possess 850 gms Jewellery, says No Violation of CBDT Instruction [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-Jewellery-Violation-of-CBDT-Instruction-Taxscan.jpg "ITAT deletes Addition as Joint Family can possess 850 gms Jewellery, says No Violation of CBDT Instruction [Read Order]")