ITAT allows benefit of CBDT Instruction with regard to jewellery of grand-mother

Sharad Kumar Garg Vs ACIT (ITAT Delhi)

It is seen from the record that the lower authorities have been disputing the factum of Will. It is also undisputed fact that in the Will there is no specific mention relating to weight and description of such jewellery which was being bequeathed by the testator. However, it also cannot be inferred that by this Will no jewellery was bequeathed. Therefore, considering the totality of the facts I am of the considered view that the AO should have also given benefit of CBDT Instruction with

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