<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2011 (4) TMI 1460 - ITAT CHENNAI</title>
    <link>https://www.taxtmi.com/caselaws?id=193187</link>
    <description>The Tribunal upheld the CIT(A)&#039;s decision on undisclosed investment in gold jewellery, reducing the addition to Rs. 2,89,104. For excess stock of gold jewellery and diamonds, the Tribunal remanded the issue for fresh examination. The Tribunal also remanded the undisclosed income issue for re-examination, reducing the addition to Rs. 57,52,241. However, the Tribunal deleted the addition for cash found during the search and confirmed the reduction for deposits in minor daughters&#039; bank accounts. Additionally, the Tribunal upheld the additions for unaccounted sales based on loose slips found during the search.</description>
    <language>en-us</language>
    <pubDate>Mon, 18 Apr 2011 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 15 Jul 2017 16:45:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=481458" rel="self" type="application/rss+xml"/>
    <item>
      <title>2011 (4) TMI 1460 - ITAT CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=193187</link>
      <description>The Tribunal upheld the CIT(A)&#039;s decision on undisclosed investment in gold jewellery, reducing the addition to Rs. 2,89,104. For excess stock of gold jewellery and diamonds, the Tribunal remanded the issue for fresh examination. The Tribunal also remanded the undisclosed income issue for re-examination, reducing the addition to Rs. 57,52,241. However, the Tribunal deleted the addition for cash found during the search and confirmed the reduction for deposits in minor daughters&#039; bank accounts. Additionally, the Tribunal upheld the additions for unaccounted sales based on loose slips found during the search.</description>
      <category>Case-Laws</category>
      <law>Income Tax</law>
      <pubDate>Mon, 18 Apr 2011 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=193187</guid>
    </item>
  </channel>
</rss>