https://www.taxtmi.com/caselaws?id=69670 The appeal was partly allowed for statistical purposes, with several issues remitted to the AO for fresh consideration and proper determination of undisclosed income in accordance with the IT Act provisions. Key issues included the computation of the block period, addition of undisclosed income from unaccounted stock of gold jewellery, undisclosed cash, shortfall in drawings, income from current account entry, and various other additions. The Tribunal found shortcomings in the assessment process, such as lack of opportunity for the assessee to explain certain additions and inadequate verification of explanations provided. en-us Mon, 27 Dec 1999 00:00:00 +0530 Mon, 11 Apr 2011 13:34:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69670 The appeal was partly allowed for statistical purposes, with several issues remitted to the AO for fresh consideration and proper determination of undisclosed income in accordance with the IT Act provisions. Key issues included the computation of the block period, addition of undisclosed income from unaccounted stock of gold jewellery, undisclosed cash, shortfall in drawings, income from current account entry, and various other additions. The Tribunal found shortcomings in the assessment process, such as lack of opportunity for the assessee to explain certain additions and inadequate verification of explanations provided. Case-Laws Income Tax Mon, 27 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69670