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Topicin Taxation

Tax Additions

Latest news, explainers and analysis on Tax Additions. Tracking 1 stories on Arth Vani.

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Delhi ITAT Rules Rs 1.13 Cr Gold Jewellery Belongs to Married Daughters
Taxation

Delhi ITAT Rules Rs 1.13 Cr Gold Jewellery Belongs to Married Daughters

The Delhi Income Tax Appellate Tribunal (ITAT) has overturned tax additions worth ₹1.13 crore, ruling that gold jewellery found in a parent's home belonged to their married daughters. The tribunal emphasized that gold jewellery gifted to daughters, even if kept at their parental home, remains their property.

1h ago·1 min readListen
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