https://www.taxtmi.com/caselaws?id=64761 The Tribunal upheld the CIT(A)'s decision in a revenue appeal and cross-objection case concerning the ownership and acquisition source of jewellery found during a search and seizure operation. The Tribunal found the wife to be the rightful owner of the jewellery, with the source of acquisition adequately explained, leading to the deletion of additions in both the husband's and wife's hands. The Revenue's appeals were dismissed, and the cross-objection filed by the assessee was also rejected for not raising new issues. en-us Wed, 02 Feb 1994 00:00:00 +0530 Wed, 09 Feb 2011 16:49:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64761 The Tribunal upheld the CIT(A)'s decision in a revenue appeal and cross-objection case concerning the ownership and acquisition source of jewellery found during a search and seizure operation. The Tribunal found the wife to be the rightful owner of the jewellery, with the source of acquisition adequately explained, leading to the deletion of additions in both the husband's and wife's hands. The Revenue's appeals were dismissed, and the cross-objection filed by the assessee was also rejected for not raising new issues. Case-Laws Income Tax Wed, 02 Feb 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64761