https://www.taxtmi.com/caselaws?id=436159 The Tribunal allowed ITA No. 2204/Del/2022 and partly allowed ITA No. 2203/Del/2022 concerning income tax assessment for the assessment year 2018-19. In ITA No. 2204, unexplained jewellery was added to the assessee's income, but the Tribunal directed deletion due to lack of proper verification of ownership. In ITA No. 2203, additions for unexplained cash were deleted partially, while additions for unexplained jewellery were sustained, with the Tribunal emphasizing the need for conclusive ownership verification before making such additions. The order was pronounced on 10th March 2023. en-us Fri, 10 Mar 2023 00:00:00 +0530 Thu, 06 Apr 2023 08:24:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436159 The Tribunal allowed ITA No. 2204/Del/2022 and partly allowed ITA No. 2203/Del/2022 concerning income tax assessment for the assessment year 2018-19. In ITA No. 2204, unexplained jewellery was added to the assessee's income, but the Tribunal directed deletion due to lack of proper verification of ownership. In ITA No. 2203, additions for unexplained cash were deleted partially, while additions for unexplained jewellery were sustained, with the Tribunal emphasizing the need for conclusive ownership verification before making such additions. The order was pronounced on 10th March 2023. Case-Laws Income Tax Fri, 10 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436159