Question

stridhan in advance account​

Answer 1

The appellant assessee was aggrieved by the order passed by the CIT(A) in confirming the disallowance made by the Assessing Officer (‘AO’) u/s 69B of the Income Tax Act, 1961 (‘the Act’) ignoring that 50% of the amount was invested by the wife of assessee.

Answer 2

Her bank accounts consisted of lockers containing stridhan in the form of jewellery. Arguments Advanced. Ms Chatterjee ...