https://www.taxtmi.com/caselaws?id=261958 The Tribunal correctly confirmed the addition of Rs. 2,01,200 under Section 69A of the Income Tax Act for Assessment Year 1987-88, as the appellant was not the owner of the unexplained jewellery found in the locker. Additionally, the Tribunal did not err in confirming the double addition of Rs. 2,01,100 for the same assessment year, as the appellant failed to prove that the jewellery was sourced from cash already considered in the previous assessment year. The appeal was dismissed with no order as to costs. en-us Wed, 15 Jul 2015 00:00:00 +0530 Sat, 07 Nov 2015 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261958 The Tribunal correctly confirmed the addition of Rs. 2,01,200 under Section 69A of the Income Tax Act for Assessment Year 1987-88, as the appellant was not the owner of the unexplained jewellery found in the locker. Additionally, the Tribunal did not err in confirming the double addition of Rs. 2,01,100 for the same assessment year, as the appellant failed to prove that the jewellery was sourced from cash already considered in the previous assessment year. The appeal was dismissed with no order as to costs. Case-Laws Income Tax Wed, 15 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261958