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![Old Jewellery found in Locker can’t be treated as Undisclosed Income: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Jewellery-CBDT-ITAT-Taxscan.jpg "Old Jewellery found in Locker can’t be treated as Undisclosed Income: ITAT deletes Penalty [Read Order]")
Old Jewellery found in Locker can’t be treated as Undisclosed Income: ITAT deletes Penalty [Read Order]
In an assessee-friendly ruling, the Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the old jewellery found in the locker of...