Blog · 3 Nov 2026
Income levy: Can married daughters keep gold jewellery at parents' home? ITAT ruling explains levy implications
The Delhi ITAT deleted ₹1.13 crore in tax additions after accepting that 3.9 kg of jewellery found at a man's home belonged to his late wife and three m…
The Delhi ITAT deleted ₹1.13 crore in tax additions after accepting that 3.9 kg of jewellery found at a man's home belonged to his late wife and three married daughters.
The ruling highlights how families can establish ownership of gold through supporting evidence.