https://www.taxtmi.com/caselaws?id=175756 The HC upheld ITAT's decision, dismissing the appeal concerning two issues. First, ITAT's relief on undisclosed jewellery was justified based on the assessee's plausible explanation and family status, beyond the CBDT circular. Second, the deletion of additions related to unexplained loose papers was affirmed, as ITAT's findings were evidence-based, not raising substantial legal questions. The appeal was dismissed with no costs ordered. en-us Thu, 15 Jul 2004 00:00:00 +0530 Wed, 12 Jun 2024 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175756 The HC upheld ITAT's decision, dismissing the appeal concerning two issues. First, ITAT's relief on undisclosed jewellery was justified based on the assessee's plausible explanation and family status, beyond the CBDT circular. Second, the deletion of additions related to unexplained loose papers was affirmed, as ITAT's findings were evidence-based, not raising substantial legal questions. The appeal was dismissed with no costs ordered. Case-Laws Income Tax Thu, 15 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175756