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    <title>2011 (1) TMI 1582 - ITAT CHENNAI</title>
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    <description>The Tribunal revisited the appeal concerning unexplained jewellery additions. The CIT(A) reduced the amount added for unexplained jewellery. The assessee explained the source of some jewellery, with the Tribunal accepting certain portions as ancestral. However, discrepancies remained unexplained. The Tribunal directed the AO to make additions based on the revised unexplained quantities of gold and diamond jewellery, partially allowing the Revenue&#039;s appeal.</description>
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      <title>2011 (1) TMI 1582 - ITAT CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=305927</link>
      <description>The Tribunal revisited the appeal concerning unexplained jewellery additions. The CIT(A) reduced the amount added for unexplained jewellery. The assessee explained the source of some jewellery, with the Tribunal accepting certain portions as ancestral. However, discrepancies remained unexplained. The Tribunal directed the AO to make additions based on the revised unexplained quantities of gold and diamond jewellery, partially allowing the Revenue&#039;s appeal.</description>
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      <pubDate>Mon, 03 Jan 2011 00:00:00 +0530</pubDate>
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