Blog · 28 Oct 2026
Mother sells gold jewellery, gifts ₹16 L to son, Income levy Department questions deposits but ITAT grants relief
A man received ₹16 lakh from his mother after she sold gold jewellery, but the Income Tax Department questioned the cash deposits.
A man received ₹16 lakh from his mother after she sold gold jewellery, but the Income Tax Department questioned the cash deposits.
The Jaipur ITAT deleted the ₹13.04 lakh addition after examining the gift deed, jewellery valuation and supporting evidence.