https://www.taxtmi.com/caselaws?id=438147 The tribunal allowed the appeal of the assessee, directing the deletion of the additions made by the revenue authorities for Long Term Capital Gain on the alleged sale of jewellery and diamond, as well as under Section 69A for unexplained investment in jewellery. The tribunal emphasized the lack of concrete evidence to support the additions, ruling that the differences in declared and found jewellery did not automatically imply a sale or unexplained investment. en-us Wed, 17 May 2023 00:00:00 +0530 Wed, 24 May 2023 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438147 The tribunal allowed the appeal of the assessee, directing the deletion of the additions made by the revenue authorities for Long Term Capital Gain on the alleged sale of jewellery and diamond, as well as under Section 69A for unexplained investment in jewellery. The tribunal emphasized the lack of concrete evidence to support the additions, ruling that the differences in declared and found jewellery did not automatically imply a sale or unexplained investment. Case-Laws Income Tax Wed, 17 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438147