https://www.taxtmi.com/caselaws?id=216669 The Tribunal partially allowed the appeal, confirming some additions while providing relief on various grounds. The additions for undisclosed gold ornaments and jewellery were partially confirmed, with Rs. 1,54,200/- upheld and Rs. 1,45,800/- deleted. The addition for investments in shares and securities was deleted based on evidence provided. Various undisclosed expenditures were partly confirmed and partly deleted based on explanations and evidence. The addition for speculative trading was reduced from Rs. 15,00,000/- to Rs. 7,00,000/-. The addition for payments made to a company was deleted, and the estimation of professional income was reduced from Rs. 5,33,500/- to Rs. 2,00,000/-. en-us Tue, 31 Jul 2012 00:00:00 +0530 Fri, 09 Sep 2016 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216669 The Tribunal partially allowed the appeal, confirming some additions while providing relief on various grounds. The additions for undisclosed gold ornaments and jewellery were partially confirmed, with Rs. 1,54,200/- upheld and Rs. 1,45,800/- deleted. The addition for investments in shares and securities was deleted based on evidence provided. Various undisclosed expenditures were partly confirmed and partly deleted based on explanations and evidence. The addition for speculative trading was reduced from Rs. 15,00,000/- to Rs. 7,00,000/-. The addition for payments made to a company was deleted, and the estimation of professional income was reduced from Rs. 5,33,500/- to Rs. 2,00,000/-. Case-Laws Income Tax Tue, 31 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216669