Taxman seized woman’s gold, diamonds and silver; how she won case in ITAT

A woman, who has been married for 35 years and lives with her husband in Navi Mumbai, found herself caught up in a tax dispute over jewellery that was seized by the Income Tax Department. She eventually approached the ITAT Mumbai to seek the return of the gold, diamond and silver items seized during the department's search operation.What the case is aboutThe matter began after the woman filed her income tax return (ITR) on August 12, 2019, declaring an income of Rs 1.34 lakh. However, around a year before she filed the return, the Income Tax Department came across information about her while conducting a search at the offices of a company.Based on the information it had received, the department suspected that the woman was in possession of several high-value gold, diamond and silver jewellery items.