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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Unexplained investment in jewellery and silver articles - ...

Income Tax

June 7, 2019

Unexplained investment in jewellery and silver articles - looking at the status of the family and the jewellery found during the search, it was held to be reasonable - going strictly by the CBDT Circular, the gold jewellery found in possession is within the permissible limits as belonging to the assessee and other family members including married daughter and children - no addition

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