https://www.taxtmi.com/caselaws?id=391664 The Tribunal allowed the appeal, directing the AO to conduct a fresh adjudication after revaluing the seized jewellery by a Registered Valuer, addressing all specific points raised by the assessee. The interconnected issues of treatment of seized jewellery and double addition were not adjudicated separately, pending the revaluation outcome. The decision emphasized principles of natural justice, equity, and fair play, ensuring the assessee's right to a fair valuation process. en-us Thu, 23 Jan 2020 00:00:00 +0530 Tue, 04 Feb 2020 08:35:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391664 The Tribunal allowed the appeal, directing the AO to conduct a fresh adjudication after revaluing the seized jewellery by a Registered Valuer, addressing all specific points raised by the assessee. The interconnected issues of treatment of seized jewellery and double addition were not adjudicated separately, pending the revaluation outcome. The decision emphasized principles of natural justice, equity, and fair play, ensuring the assessee's right to a fair valuation process. Case-Laws Income Tax Thu, 23 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391664