https://www.taxtmi.com/caselaws?id=352312 The tribunal partially allowed the assessee's appeal, deleting significant portions of the additions related to unexplained paintings. The tribunal found the evidence provided by the assessee regarding the paintings to be credible and deleted the additions based on suspicion. However, regarding the unexplained jewellery, the tribunal remitted the matter back to the Assessing Officer for further examination, directing the assessee to reconcile the jewellery quantities. en-us Fri, 08 Dec 2017 00:00:00 +0530 Tue, 12 Dec 2017 09:35:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352312 The tribunal partially allowed the assessee's appeal, deleting significant portions of the additions related to unexplained paintings. The tribunal found the evidence provided by the assessee regarding the paintings to be credible and deleted the additions based on suspicion. However, regarding the unexplained jewellery, the tribunal remitted the matter back to the Assessing Officer for further examination, directing the assessee to reconcile the jewellery quantities. Case-Laws Income Tax Fri, 08 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352312