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2023 (4) TMI 799 - ITAT AMRITSARUnexplained investment in Silver articles of 22 kgs u/s 69B - Admittedly, the disputed silver articles weighing 22kgs was claimed to have been received by the appellant from her parents at the time of her marriage in 2004 - AR contended that the required details including bills and documents have been filed in support of such acquisition as evident from the fact that a reference of such document is made in the remand report of the AO - HELD THAT:- It is evident from the Assessment Order of the Wealth Tax Officer ( WTO) made u/s 18(1)(c) Wealth Tax Act, 1957 in the case of appellant wherein the silver articles of 22 kgs have been assessed for the Assessment Year 2013-14, and continued in the following AY 2014-15 and AY 2015-16. Under the facts and circumstances, no addition would be called for the AY 2017-18 on account of investment in Silver Articles of 22kgs per se - Addition deleted - Decided in favour of assessee.
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