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SEIZURE OF JEWELLERY ITEMS
Income Tax Dept seized gold, diamonds and silver in a tax search operation from lady’s house and bank locker; she wins case in ITAT Mumbai- Where art thou? From royal silverware to rare watches, what collectors are bidding for now
- Suvendu Adhikari alleges Rs 15,000 crore revenue leak in Birbhum under TMC rule, accuses Mamata of complicity
- Gold holding above 100g: Can it be seized by income tax department if you don’t have right papers? Check varying limits for men and womenIndia has no legal limit on gold ownership, provided its source is declared income. While CBDT offers seizure guidelines for specific gold ...20 Mar, 2026, 03.33 PM IST
- Dubai return shock: Customs seizes 994-purity gold ring, Delhi HC orders release and Rs 5,000 costsSayara's gold ring was seized at Delhi airport. The Delhi High Court ruled the seizure misplaced. The court ordered the ring's return and n...12 Jan, 2026, 02.07 PM IST
- Tax dept seized mother’s 263 gram gold; son fights in ITAT Mumbai and wins: Know what CBDT gold jewellery circular saysMr. Nilawar has emerged victorious against the tax department's attempt to seize his family's gold collection. The Mumbai Income Tax Appell...02 Dec, 2025, 12.22 PM IST
- Tax dept seized wife’s Rs 1.65 crore worth of gold and silver jewellery, issued notice for unexplained investment, husband filed case; wins in ITAT BengaluruThe Income Tax Department seized Rs 1.65 crore worth of gold and silver jewellery from Suresh's residence. The department claimed it was un...24 Oct, 2025, 01.11 PM IST
- Gold chains seized by Customs dept to be returned to NRI, rules Delhi High Court; Customs dept takes these steps prevent future incidentsDelhi High Court: A 17 year girl's gold chains were seized by Indian customs officers at Delhi Airport on April 9, 2024 when she along with...27 Apr, 2025, 05.39 AM IST
- NRI to get back seized gold chain from Indian customs at Delhi airport after winning case in Delhi High CourtA Non-Resident Indian (NRI) travelling from United Arab Emirates to India was intercepted by Indian customs officials at the Delhi airport ...27 Mar, 2025, 10.37 AM IST
- Income Tax Department seizes record Rs 1100 crore cash and jewellery in Lok Sabha elections 2024The Model Code of Conduct (MCC) came into force on March 16, the day the Election Commission of India announced the dates for the Lok Sabha...31 May, 2024, 11.16 AM IST
- Higher cash seizures being recorded by I-T dept every assembly polls: CBDTCash seizures during assembly elections have substantially increased, according to CBDT Chairman Nitin Gupta. The Income-tax department is ...04 Feb, 2024, 02.45 PM IST
- India gold smuggling slowed by election seizures of cash, bullionDealers were charging a premium of up to $2.50 an ounce over official domestic prices, the highest in nearly five months.16 Apr, 2019, 09.17 AM IST
- GJC delegation meets Election Commission, discusses harassment incidentsIt has been reported that during a transit of jewellery at Coimbatore, the administrative authorities seized the jewellery.09 Apr, 2019, 11.13 PM IST
- Karnataka polls: Over Rs 125 crore worth of cash, liquor seizedAn official said that Rs 37.02 crore in cash, out of the total seizures of over Rs 162.79 crore, had been released after verification.07 May, 2018, 08.41 PM IST
- Seizures of over Rs 120 crore made in Karnataka, says officialCash amounting to over Rs 67.27 crore, over five lakh litres of liquor worth Rs 23.36 crore, gold valued at 43.17 crore and other items wor...05 May, 2018, 05.47 PM IST
- Illegal Delhi vault leads taxmen to Rs 61 crore black money & goldLast week, the department seized unaccounted cash and bullion valued at Rs 41 crore from multiple lockers located in a private vault in the...11 Jan, 2018, 07.19 PM IST
- No change in gold seizure norms in proposed I-T Law amendmentsThe proposed amendments also do not seek to tax inherited gold and jewellery, as also those items that are purchased through disclosed or a...02 Dec, 2016, 11.49 AM IST
- Fliers left behind Rs 32 crore worth goods at major Indian airports in 2015Of these 209 cases, 204 pertained to passengers carrying ammunition like live bullets in their bags while the rest were related to arms rec...13 Jan, 2016, 04.30 PM IST
- I-T raids net Rs 300 crore Chettinad assets; may be linked to MAMR MuthiahSources said the tax department is surprised at the amount of undisclosed in come and is investigating the issue further.17 Aug, 2015, 11.07 AM IST
- New DTC brings relief to jewellersThe revised Direct Tax Code (DTC) has removed a clause that gave wide powers to investigating officers conducting raids on jewellers, thus ...03 Sep, 2010, 12.22 AM IST
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