https://www.taxtmi.com/caselaws?id=64219 The Tribunal partially allowed the appeal by the assessee, addressing the issues of jewelry addition under section 69A and the valuation of stock comprehensively, ensuring a fair and accurate assessment in both matters. The Tribunal upheld the addition of jewelry under section 69A due to lack of evidence regarding inheritance, while directing the revaluation of stock at Rs. 47 per kg and the closing stock at Rs. 40 per kg, deviating from the initial valuations by the Income Tax Officer. en-us Wed, 26 Sep 1990 00:00:00 +0530 Sat, 05 Feb 2011 14:51:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64219 The Tribunal partially allowed the appeal by the assessee, addressing the issues of jewelry addition under section 69A and the valuation of stock comprehensively, ensuring a fair and accurate assessment in both matters. The Tribunal upheld the addition of jewelry under section 69A due to lack of evidence regarding inheritance, while directing the revaluation of stock at Rs. 47 per kg and the closing stock at Rs. 40 per kg, deviating from the initial valuations by the Income Tax Officer. Case-Laws Income Tax Wed, 26 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64219