https://www.taxtmi.com/caselaws?id=64067 The appeal filed by the assessee was partly allowed, with significant reductions in the additions made by the Assessing Officer. The Tribunal's final decision resulted in the deletion of Rs. 5,29,000 from the undisclosed cash addition, restriction of the unexplained investment in properties to Rs. 30 lakhs, confirmation of Rs. 1 lakh for unexplained household items, confirmation of Rs. 50,000 for discrepancy in loose papers, deletion of Rs. 9,90,000 for gifts received, and deletion of Rs. 8,25,000 for unexplained investment in jewelry. en-us Mon, 20 May 2002 00:00:00 +0530 Thu, 03 Feb 2011 15:35:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64067 The appeal filed by the assessee was partly allowed, with significant reductions in the additions made by the Assessing Officer. The Tribunal's final decision resulted in the deletion of Rs. 5,29,000 from the undisclosed cash addition, restriction of the unexplained investment in properties to Rs. 30 lakhs, confirmation of Rs. 1 lakh for unexplained household items, confirmation of Rs. 50,000 for discrepancy in loose papers, deletion of Rs. 9,90,000 for gifts received, and deletion of Rs. 8,25,000 for unexplained investment in jewelry. Case-Laws Income Tax Mon, 20 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64067