https://www.taxtmi.com/highlights?id=57287 Assessment u/s 153A - excess jewellery found in the residence of the assessee during the search - all the family members are income tax payee and are filing their respective income tax returns. Therefore, the addition so made in the hands of assessee needs to be reduced on this score. Hence, we direct the A.O. to make addition in respect of unexplained jewellery on pro-rata basis and restrict the additions in the hands of assessee of his share alone. - AT en-us Tue, 23 Mar 2021 12:16:37 +0530 Tue, 23 Mar 2021 12:16:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57287 Assessment u/s 153A - excess jewellery found in the residence of the assessee during the search - all the family members are income tax payee and are filing their respective income tax returns. Therefore, the addition so made in the hands of assessee needs to be reduced on this score. Hence, we direct the A.O. to make addition in respect of unexplained jewellery on pro-rata basis and restrict the additions in the hands of assessee of his share alone. - AT Highlights Income Tax Tue, 23 Mar 2021 12:16:37 +0530 https://www.taxtmi.com/highlights?id=57287