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    <title>2017 (12) TMI 41 - ITAT BANGALORE</title>
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    <description>The Tribunal confirmed the addition of Rs. 87,10,800 in the firm&#039;s hands for unexplained gold jewelry, while deleting the additions in the individuals&#039; hands to avoid double taxation. The Revenue&#039;s appeals were dismissed, and the firm&#039;s appeal was partly allowed. The Tribunal upheld a protective addition in the firm&#039;s hands but rejected a higher addition. The order was pronounced on September 20, 2017.</description>
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      <link>https://www.taxtmi.com/caselaws?id=351772</link>
      <description>The Tribunal confirmed the addition of Rs. 87,10,800 in the firm&#039;s hands for unexplained gold jewelry, while deleting the additions in the individuals&#039; hands to avoid double taxation. The Revenue&#039;s appeals were dismissed, and the firm&#039;s appeal was partly allowed. The Tribunal upheld a protective addition in the firm&#039;s hands but rejected a higher addition. The order was pronounced on September 20, 2017.</description>
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