https://www.taxtmi.com/caselaws?id=370909 The tribunal partly allowed the appeal by deleting the addition of Rs. 8,70,740 on account of jewelry seized, citing the assessee's consistent high income declarations, profession as a fashion designer, and cultural practices of jewelry remaking in India. The tribunal found the addition unsustainable due to lack of evidence and ordered its deletion. Other grounds raised by the assessee were dismissed or decided against, resulting in a mixed outcome for the assessee in the case. en-us Thu, 22 Nov 2018 00:00:00 +0530 Mon, 26 Nov 2018 07:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370909 The tribunal partly allowed the appeal by deleting the addition of Rs. 8,70,740 on account of jewelry seized, citing the assessee's consistent high income declarations, profession as a fashion designer, and cultural practices of jewelry remaking in India. The tribunal found the addition unsustainable due to lack of evidence and ordered its deletion. Other grounds raised by the assessee were dismissed or decided against, resulting in a mixed outcome for the assessee in the case. Case-Laws Income Tax Thu, 22 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370909