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