https://www.taxtmi.com/caselaws?id=71542 The Tribunal partially allowed both appeals in the case involving unexplained acquisition of jewellery. The Tribunal apportioned the unexplained jewellery between the assessee and his wife in a 2:1 ratio, deleting the addition related to the unexplained jewellery. However, the Tribunal upheld the rejection of loss claims related to partnership and chit fund contributions. The Senior Vice President concurred with the deletion of the addition, leading to a favorable outcome for both the assessee and his wife in this regard. en-us Wed, 29 Aug 1990 00:00:00 +0530 Mon, 25 Apr 2011 15:15:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71542 The Tribunal partially allowed both appeals in the case involving unexplained acquisition of jewellery. The Tribunal apportioned the unexplained jewellery between the assessee and his wife in a 2:1 ratio, deleting the addition related to the unexplained jewellery. However, the Tribunal upheld the rejection of loss claims related to partnership and chit fund contributions. The Senior Vice President concurred with the deletion of the addition, leading to a favorable outcome for both the assessee and his wife in this regard. Case-Laws Income Tax Wed, 29 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71542