https://www.taxtmi.com/caselaws?id=431123 The ITAT allowed the appeal of the assessee, directing the deletion of the addition under Section 69A for unexplained jewellery. The ITAT found that the jewellery was inherited and acquired over time from tax-paid income, belonging to the deceased in-laws. Additionally, the jewellery recorded in the business books was considered legitimate, and the AO's enhancement of weight was deemed unjustified. The order was pronounced on 14th June 2022. en-us Tue, 14 Jun 2022 00:00:00 +0530 Tue, 06 Dec 2022 14:38:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431123 The ITAT allowed the appeal of the assessee, directing the deletion of the addition under Section 69A for unexplained jewellery. The ITAT found that the jewellery was inherited and acquired over time from tax-paid income, belonging to the deceased in-laws. Additionally, the jewellery recorded in the business books was considered legitimate, and the AO's enhancement of weight was deemed unjustified. The order was pronounced on 14th June 2022. Case-Laws Income Tax Tue, 14 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431123