https://www.taxtmi.com/caselaws?id=341013 CBDT jewellery guidelines were applied to limit credit for jewellery found during search to the quantity normally attributable to specified family members. The Tribunal held that the circular covered gold jewellery only, not silver, and rejected the assessee's wider claim based on earlier wealth-tax declarations. Relief was allowed only for 650 grams of gold jewellery attributable to the assessee and family members, while the unexplained silver addition and the remaining jewellery addition were sustained. en-us Tue, 28 Mar 2017 00:00:00 +0530 Fri, 31 Mar 2017 05:08:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341013 CBDT jewellery guidelines were applied to limit credit for jewellery found during search to the quantity normally attributable to specified family members. The Tribunal held that the circular covered gold jewellery only, not silver, and rejected the assessee's wider claim based on earlier wealth-tax declarations. Relief was allowed only for 650 grams of gold jewellery attributable to the assessee and family members, while the unexplained silver addition and the remaining jewellery addition were sustained. Case-Laws Income Tax Tue, 28 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341013