https://www.taxtmi.com/caselaws?id=287543 Jewellery and silver articles found during search were held to be within the limits contemplated by CBDT Circular No. 1916 dated 11.05.1994, which provides non-seizure norms for married ladies, unmarried ladies and males and may also guide assessment proceedings. On the facts, the family included three lady members and the jewellery was treated as falling within the permissible norm. The presumption that the jewellery was unexplained was therefore not sustainable, and the addition sustained by the lower appellate authority was deleted. en-us Thu, 29 Sep 2016 00:00:00 +0530 Sat, 18 Apr 2020 11:43:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287543 Jewellery and silver articles found during search were held to be within the limits contemplated by CBDT Circular No. 1916 dated 11.05.1994, which provides non-seizure norms for married ladies, unmarried ladies and males and may also guide assessment proceedings. On the facts, the family included three lady members and the jewellery was treated as falling within the permissible norm. The presumption that the jewellery was unexplained was therefore not sustainable, and the addition sustained by the lower appellate authority was deleted. Case-Laws Income Tax Thu, 29 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287543