https://www.taxtmi.com/caselaws?id=305062 The case involved challenges to additions made by the Assessing Officer under the Income Tax Act. The first issue concerned unexplained jewellery found during a search, with the Tribunal remanding the matter for reevaluation due to inadequacies in considering evidence. The second issue involved unexplained cash found during the search, which the Tribunal directed to be deleted if the cash had a legitimate source from withdrawals made before the search. The appeal was allowed for statistical purposes, with specific grounds being allowed or remanded for further consideration. en-us Thu, 08 Apr 2021 00:00:00 +0530 Mon, 14 Nov 2022 21:32:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305062 The case involved challenges to additions made by the Assessing Officer under the Income Tax Act. The first issue concerned unexplained jewellery found during a search, with the Tribunal remanding the matter for reevaluation due to inadequacies in considering evidence. The second issue involved unexplained cash found during the search, which the Tribunal directed to be deleted if the cash had a legitimate source from withdrawals made before the search. The appeal was allowed for statistical purposes, with specific grounds being allowed or remanded for further consideration. Case-Laws Income Tax Thu, 08 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305062