https://www.taxtmi.com/caselaws?id=71918 The court upheld the addition of Rs. 97,077 for alleged jewelry purchase but set aside the issue of unexplained cash of Rs. 12,79,620 for further verification by the AO. The levy of surcharge on the assessed tax was deemed illegal and deleted. en-us Fri, 14 Mar 2008 00:00:00 +0530 Thu, 28 Apr 2011 10:43:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71918 The court upheld the addition of Rs. 97,077 for alleged jewelry purchase but set aside the issue of unexplained cash of Rs. 12,79,620 for further verification by the AO. The levy of surcharge on the assessed tax was deemed illegal and deleted. Case-Laws Income Tax Fri, 14 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71918