https://www.taxtmi.com/caselaws?id=179771 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 2,10,65,665 made by the AO under section 69A for unexplained jewellery. The Tribunal found that the jewellery was introduced by the partners in the previous year, and its source was explained, as it was accepted as capital by the Department. Consequently, the addition under section 69A was deemed unjustified. en-us Wed, 17 Oct 2012 00:00:00 +0530 Wed, 09 Mar 2016 16:26:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179771 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 2,10,65,665 made by the AO under section 69A for unexplained jewellery. The Tribunal found that the jewellery was introduced by the partners in the previous year, and its source was explained, as it was accepted as capital by the Department. Consequently, the addition under section 69A was deemed unjustified. Case-Laws Income Tax Wed, 17 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179771