https://www.taxtmi.com/caselaws?id=444043 The Tribunal allowed the appellant's appeal, directing the Assessing Officer to delete the addition made on account of unexplained investment in jewellery. The Tribunal considered the appellant's high social status and substantial declaration of jewellery value, finding no evidence that the items did not qualify as jewellery. As a result, the appeal was upheld on 27th September 2023, overturning the Commissioner of Income-tax (Appeals) decision. en-us Wed, 27 Sep 2023 00:00:00 +0530 Sat, 07 Oct 2023 08:31:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444043 The Tribunal allowed the appellant's appeal, directing the Assessing Officer to delete the addition made on account of unexplained investment in jewellery. The Tribunal considered the appellant's high social status and substantial declaration of jewellery value, finding no evidence that the items did not qualify as jewellery. As a result, the appeal was upheld on 27th September 2023, overturning the Commissioner of Income-tax (Appeals) decision. Case-Laws Income Tax Wed, 27 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444043