![No Addition on Unaccounted Income on Inclusion of Sale of Jewellery as LTCG in ROI: ITAT quashes Assessment Order and Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-Addition-on-Unaccounted-Income-No-Addition-Unaccounted-Income-Income-Inclusion-of-Sale-of-Jewellery-LTCG-ROI-ITAT-quashes-Assessment-Order-and-Penalty-taxscan.jpg "No Addition on Unaccounted Income on Inclusion of Sale of Jewellery as LTCG in ROI: ITAT quashes Assessment Order and Penalty [Read Order]")
No Addition on Unaccounted Income on Inclusion of Sale of Jewellery as LTCG in ROI: ITAT quashes Assessment Order and Penalty [Read Order]
The Delhi bench of Income tax appellate tribunal (ITAT) quashed the assessment order and penalty which was passed by Deputy Commissioner of Income...
![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]")
![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]
While considering a bail application by an accused charged with the offence of cheating and other offences under the Indian Penal Code, the Patna High Court has Granted Bail to the accused After 9...
![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]")