https://www.taxtmi.com/caselaws?id=281880 The ITAT upheld the CIT(A)'s decision to delete the addition concerning the gold jewellery found short and the cash seized during the search. It confirmed the addition regarding the diamond jewellery found in excess. The Revenue's appeals were dismissed, and the assessee's appeals were allowed. The tax effect in the Department's appeal was below the monetary threshold set by C.B.D.T. Circular No. 3/2011, indicating the appeal should not have been filed. en-us Mon, 28 Oct 2013 00:00:00 +0530 Tue, 16 Jul 2024 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281880 The ITAT upheld the CIT(A)'s decision to delete the addition concerning the gold jewellery found short and the cash seized during the search. It confirmed the addition regarding the diamond jewellery found in excess. The Revenue's appeals were dismissed, and the assessee's appeals were allowed. The tax effect in the Department's appeal was below the monetary threshold set by C.B.D.T. Circular No. 3/2011, indicating the appeal should not have been filed. Case-Laws Income Tax Mon, 28 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281880