https://www.taxtmi.com/caselaws?id=235572 The Tribunal upheld the validity and jurisdiction of the assessments, rejecting the contention that they were barred by limitation. Incriminating material found during the search was deemed unnecessary for assessment validity. Various additions based on gifts, loans, property valuation, unexplained cash, jewelry, and betting income were either deleted or upheld based on evidence. The Tribunal allowed appeals for certain assessment years and partly remanded one appeal for statistical purposes. The decision was rendered on July 12, 2013. en-us Fri, 12 Jul 2013 00:00:00 +0530 Tue, 21 Jun 2016 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235572 The Tribunal upheld the validity and jurisdiction of the assessments, rejecting the contention that they were barred by limitation. Incriminating material found during the search was deemed unnecessary for assessment validity. Various additions based on gifts, loans, property valuation, unexplained cash, jewelry, and betting income were either deleted or upheld based on evidence. The Tribunal allowed appeals for certain assessment years and partly remanded one appeal for statistical purposes. The decision was rendered on July 12, 2013. Case-Laws Income Tax Fri, 12 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235572