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Income Tax | Conversion of Jewellery Into Gold Biscuits Does Not Make Investment Unexplained: ITAT Ranchi

11 Oct 2026 · 3d agoBy CA Sandeep KanoiSource: TaxGuru

ITAT Ranchi deletes ₹16.10 lakh addition for 300 grams of gold biscuits and 2 kg silver, relying on CBDT Instruction No. 1916. The post Conversion of Jewellery Into Gold Biscuits Does Not Make Investment Unexplained: ITAT Ranchi appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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