No explanation is needed from assessee if gold found during search was below 500 grams per married woman : ITAT

INCOME TAX : Where gold seized during search proceeding was below limit prescribed by CBDT in Instruction No. 1916, dated 11-5-1994, department ought not to have seized such gold and addition under section 69A made in hands of assessee treating said gold as unexplained was to be deleted

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