https://www.taxtmi.com/caselaws?id=34613 The Tribunal upheld the deletion of additions made by the Assessing Officer concerning extra profit from increased weight of gold and silver ornaments. The Tribunal found that the Assessing Officer lacked concrete evidence and failed to investigate the karigars involved. Emphasizing impurity content as the reason for the weight increase, the Tribunal ruled that without proof of appropriation by the assessee, the additions were unwarranted. Citing past decisions, the Tribunal dismissed the Revenue's appeal, stating no substantial legal question arose, affirming the deletion of the additions. en-us Wed, 16 Sep 2009 00:00:00 +0530 Wed, 07 Sep 2011 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34613 The Tribunal upheld the deletion of additions made by the Assessing Officer concerning extra profit from increased weight of gold and silver ornaments. The Tribunal found that the Assessing Officer lacked concrete evidence and failed to investigate the karigars involved. Emphasizing impurity content as the reason for the weight increase, the Tribunal ruled that without proof of appropriation by the assessee, the additions were unwarranted. Citing past decisions, the Tribunal dismissed the Revenue's appeal, stating no substantial legal question arose, affirming the deletion of the additions. Case-Laws Income Tax Wed, 16 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34613