https://www.taxtmi.com/caselaws?id=67245 The Tribunal modified the penalty order by directing the Assessing Officer to recompute the penalty only concerning the addition of 580.621 kgs of silver ornaments. The penalty for the remaining unexplained stock was deleted, as the Tribunal found it unjustified due to lack of evidence disproving the assessee's claim made on an agreed basis. The appeal of the assessee was partly allowed. en-us Mon, 23 Jul 2001 00:00:00 +0530 Wed, 09 Mar 2011 17:13:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67245 The Tribunal modified the penalty order by directing the Assessing Officer to recompute the penalty only concerning the addition of 580.621 kgs of silver ornaments. The penalty for the remaining unexplained stock was deleted, as the Tribunal found it unjustified due to lack of evidence disproving the assessee's claim made on an agreed basis. The appeal of the assessee was partly allowed. Case-Laws Income Tax Mon, 23 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67245