https://www.taxtmi.com/caselaws?id=403027 The Tribunal partially allowed the appeals, remanding specific issues for further verification by the Assessing Officer. The Tribunal stressed the importance of verifying and reconciling the source of unexplained jewelry, while dismissing speculative additions without concrete evidence. The addition on account of commission income was deleted due to lack of substantiated proof, and the addition related to unexplained investments in shares was removed as the investments were adequately explained and supported by bank records. General grounds raised by both parties were dismissed as inconsequential. en-us Thu, 14 Jan 2021 00:00:00 +0530 Mon, 18 Jan 2021 13:12:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403027 The Tribunal partially allowed the appeals, remanding specific issues for further verification by the Assessing Officer. The Tribunal stressed the importance of verifying and reconciling the source of unexplained jewelry, while dismissing speculative additions without concrete evidence. The addition on account of commission income was deleted due to lack of substantiated proof, and the addition related to unexplained investments in shares was removed as the investments were adequately explained and supported by bank records. General grounds raised by both parties were dismissed as inconsequential. Case-Laws Income Tax Thu, 14 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403027