https://www.taxtmi.com/caselaws?id=420041 The High Court upheld the addition of undisclosed income based on jewellery found during a search under section 132 of the Income-tax Act for the block period from 01.04.1996 to 02.01.2003. Despite the appellant's explanation that a portion of the jewellery belonged to her from family sources, the Court found insufficient evidence to support her claim. Emphasizing the validity of lower authorities' concurrent findings and citing relevant guidelines, the Court dismissed the appeal, stating no substantial question of law arose, and no costs were awarded. en-us Tue, 08 Mar 2022 00:00:00 +0530 Fri, 25 Mar 2022 08:36:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420041 The High Court upheld the addition of undisclosed income based on jewellery found during a search under section 132 of the Income-tax Act for the block period from 01.04.1996 to 02.01.2003. Despite the appellant's explanation that a portion of the jewellery belonged to her from family sources, the Court found insufficient evidence to support her claim. Emphasizing the validity of lower authorities' concurrent findings and citing relevant guidelines, the Court dismissed the appeal, stating no substantial question of law arose, and no costs were awarded. Case-Laws Income Tax Tue, 08 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420041