Judgement

ITAT deleted a Rs 43.04 lakh addition against a jeweller after finding no evidence to support the IT Department's allegation of unaccounted gold purchases.

ITAT Deletes Rs 43.04 Lakh Tax Addition, Says Mere Third-Party Records Cannot Establish Unaccounted Purchases

Articles

Discover how evolving gold purity testing standards are improving transparency, influencing loan valuations, shaping lending decisions, and transforming India's gold loan market.

How Gold Purity Testing Standards Are Affecting Loan Markets

Understand how bank–NBFC partnerships are reshaping gold loan pricing through lower funding costs and operational expertise.

How Co-Lending Between Banks and NBFCs Is Lowering Gold Loan Costs

The ITAT Ahmedabad deletes Rs 1.32 crore Section 69A addition, accepts genuine gold sales and rules that suspicion alone cannot justify taxation.

ITAT Deletes Rs 1.32 Crore Section 69A Addition; Holds Recorded Sales Cannot Be Treated as Unexplained Income Without Proof

Tribunal rejects unsubstantiated gift claim, allows limited relief under CBDT Instruction on gold possession.

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ITAT Deletes Rs 43.04 Lakh Tax Addition, Says Mere Third-Party Records Cannot Establish Unaccounted Purchases

How Gold Purity Testing Standards Are Affecting Loan Markets

How Co-Lending Between Banks and NBFCs Is Lowering Gold Loan Costs

ITAT Deletes Rs 1.32 Crore Section 69A Addition; Holds Recorded Sales Cannot Be Treated as Unexplained Income Without Proof

ITAT Upholds Section 69A Addition, Grants Relief for Permissible Gold Holding

Principal Sessions Court Denies Bail to Attica Gold Director in Rs.100 Crore GST Evasion Case