https://www.taxtmi.com/highlights?id=17749 Addition was confirmed by the CIT(A) and ITAT by rejecting the explanation of the assesses that the jewellery belong to mother in law and the wife of the brother in law of the assessee, does not automatically mean that penalty u/s. 158BFA(2) is leviable - AT en-us Wed, 19 Mar 2014 12:54:25 +0530 Wed, 19 Mar 2014 12:54:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=17749 Addition was confirmed by the CIT(A) and ITAT by rejecting the explanation of the assesses that the jewellery belong to mother in law and the wife of the brother in law of the assessee, does not automatically mean that penalty u/s. 158BFA(2) is leviable - AT Highlights Income Tax Wed, 19 Mar 2014 12:54:25 +0530 https://www.taxtmi.com/highlights?id=17749