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#895334
Mon 05 Oct 2026 09:23:PM
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Joined: Feb 2001
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Launch Director
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Launch Director
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The assessment threw up two separate issues. The first concerned jewellery worth Rs 67,39,949 that the woman had disclosed in Schedule AL of her income tax return. The tribunal also examined whether the Rs 12 lakh paid to the HUF represented a genuine brokerage expense when the same person, the HUF's Karta/coparcener, had already received another Rs 12 lakh for the same transaction. Source: Woman declares Rs 67.4L ancestral jewellery in ITR; gets notice, she wins in ITAT
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Entire Thread
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Woman declares Rs 67.4L ancestral jewellery in ITR; gets notice, she wins in ITAT
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Mon 05 Oct 2026 09:23:PM
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