https://www.taxtmi.com/caselaws?id=370903 The Tribunal partly allowed the assessee's appeal for Assessment Year 2011-12 concerning unexplained jewelry valuation and cash in hand addition. Regarding the jewelry valuation, the Tribunal favored the assessee, citing past decisions where similar additions for family members were deleted. In the case of cash in hand, the Tribunal reduced the addition from Rs. 1.5 lakhs to Rs. 1 lakh, considering the financial status and evidence presented. en-us Mon, 01 Oct 2018 00:00:00 +0530 Sat, 24 Nov 2018 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370903 The Tribunal partly allowed the assessee's appeal for Assessment Year 2011-12 concerning unexplained jewelry valuation and cash in hand addition. Regarding the jewelry valuation, the Tribunal favored the assessee, citing past decisions where similar additions for family members were deleted. In the case of cash in hand, the Tribunal reduced the addition from Rs. 1.5 lakhs to Rs. 1 lakh, considering the financial status and evidence presented. Case-Laws Income Tax Mon, 01 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370903