https://www.taxtmi.com/caselaws?id=206535 The High Court considered various issues related to the deletion of an addition made by the Assessing Officer on the sale of jewellery. It assessed the justification of the ITAT's decision, the acceptance of previous orders, and the genuineness of the sale of jewellery by the assessee. The Court also examined the individual genuineness of the capital loss claim. Ultimately, the High Court ruled in favor of the revenue, remanding the matter to the Tribunal for a fresh decision in accordance with the law. en-us Mon, 28 Mar 2011 00:00:00 +0530 Sat, 05 Nov 2011 00:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206535 The High Court considered various issues related to the deletion of an addition made by the Assessing Officer on the sale of jewellery. It assessed the justification of the ITAT's decision, the acceptance of previous orders, and the genuineness of the sale of jewellery by the assessee. The Court also examined the individual genuineness of the capital loss claim. Ultimately, the High Court ruled in favor of the revenue, remanding the matter to the Tribunal for a fresh decision in accordance with the law. Case-Laws Income Tax Mon, 28 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206535