https://www.taxtmi.com/caselaws?id=271278 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 14,32,922 for unexplained jewellery. Relying on CBDT Instruction No. 1916, the Tribunal determined that jewellery within specified limits should be considered explained. As the jewellery in question fell within these limits, the CIT(A)'s deletion was justified. The Revenue's appeal was dismissed, affirming the CIT(A)'s order. en-us Thu, 05 Nov 2015 00:00:00 +0530 Sun, 31 Jan 2016 23:14:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271278 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 14,32,922 for unexplained jewellery. Relying on CBDT Instruction No. 1916, the Tribunal determined that jewellery within specified limits should be considered explained. As the jewellery in question fell within these limits, the CIT(A)'s deletion was justified. The Revenue's appeal was dismissed, affirming the CIT(A)'s order. Case-Laws Income Tax Thu, 05 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271278