Wednesday, April 29, 2020

Jewellery with purchase proof not to be included while calculating permissible limit as set by CBDT’s instruction

INCOME TAX : If acquisition of jewellery is explained with proof, said quantity to be allowed separately over and above weight of jewellery allowed in CBDT Instruction No. 1916, dated 11-5-1994

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000193823/jewellery-with-purchase-proof-not-to-be-included-while-calculating-permissible-limit-as-set-by-cbdt’s-instruction.aspx

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