https://www.taxtmi.com/caselaws?id=67391 The Tribunal upheld the addition of Rs. 3,49,225 under Section 69A of the IT Act, as the assessee failed to satisfactorily explain the possession of the silver. The appeal was dismissed, confirming that the unexplained possession of the silver could be taxed under the general law and Section 69C. The stay application was also dismissed as infructuous. en-us Mon, 11 Jan 1988 00:00:00 +0530 Thu, 10 Mar 2011 13:06:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67391 The Tribunal upheld the addition of Rs. 3,49,225 under Section 69A of the IT Act, as the assessee failed to satisfactorily explain the possession of the silver. The appeal was dismissed, confirming that the unexplained possession of the silver could be taxed under the general law and Section 69C. The stay application was also dismissed as infructuous. Case-Laws Income Tax Mon, 11 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67391