https://www.taxtmi.com/caselaws?id=151643 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal. It sustained an addition of Rs. 6,34,000 based on seized documents but deleted other additions made by the Assessing Officer and partly confirmed by the Commissioner of Income-tax (Appeals). The Tribunal upheld the deletion of additions related to unexplained investment in rough diamonds, stating they pertained to a different firm. The Tribunal did not rule on penalty proceedings under section 158BFA(2) in this judgment. en-us Fri, 08 Aug 2008 00:00:00 +0530 Tue, 11 Jun 2013 11:35:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151643 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal. It sustained an addition of Rs. 6,34,000 based on seized documents but deleted other additions made by the Assessing Officer and partly confirmed by the Commissioner of Income-tax (Appeals). The Tribunal upheld the deletion of additions related to unexplained investment in rough diamonds, stating they pertained to a different firm. The Tribunal did not rule on penalty proceedings under section 158BFA(2) in this judgment. Case-Laws Income Tax Fri, 08 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151643