Follow Us:

Case Law Details

Case Name : Shri Kirtibhai K. Shroff Vs ITO (ITAT Ahmedabad)
Related Assessment Year :
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Issue -During the course of search certain valuables including jewellery was found and the assessee has filed detailed explanation regarding the source of acquisition of jewellery. The assessee has explained that out of the jewellery found, some part belongs to the wife of the assessee, and some part thereof was gifted by the mother of the assessee to the wife of the However, the explanation of the assessee was not fully accepted and out of jewellery weighing 4492.5 grams found at the time of search, the jewellery weighing 783.15 grams was treated as income from undisclosed source by the AO. H...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

0 Comments

Leave a Comment

Your email address will not be published. Required fields are marked *

Ads Free tax News and Updates
Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930