https://www.taxtmi.com/caselaws?id=273801 The Tribunal partly allowed the appeal, directing the AO to include the fair market value of unaccounted jewellery in the assessee's total income. It acknowledged the possession of 1000 grams of jewellery acquired from the father but found insufficient evidence to support ownership of the remaining jewellery. The Tribunal deemed transactions with M/s M.R. Jewellers as genuine, applying Section 69A to determine the fair market value of the jewellery. en-us Fri, 18 Nov 2011 00:00:00 +0530 Sat, 14 Jul 2018 11:36:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273801 The Tribunal partly allowed the appeal, directing the AO to include the fair market value of unaccounted jewellery in the assessee's total income. It acknowledged the possession of 1000 grams of jewellery acquired from the father but found insufficient evidence to support ownership of the remaining jewellery. The Tribunal deemed transactions with M/s M.R. Jewellers as genuine, applying Section 69A to determine the fair market value of the jewellery. Case-Laws Income Tax Fri, 18 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273801