https://www.taxtmi.com/caselaws?id=462819 The HC held that the addition for jewellery and gold ornaments found during the search should consider the CBDT Instruction dated 11.05.1994. The AO was entitled to treat 1170.650 grams as unexplained, which could be reduced by 600 grams, leaving 570.650 grams unexplained. The issue was partly decided in favor of the assessee. en-us Wed, 24 May 2017 00:00:00 +0530 Thu, 17 Jul 2025 18:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462819 The HC held that the addition for jewellery and gold ornaments found during the search should consider the CBDT Instruction dated 11.05.1994. The AO was entitled to treat 1170.650 grams as unexplained, which could be reduced by 600 grams, leaving 570.650 grams unexplained. The issue was partly decided in favor of the assessee. Case-Laws Income Tax Wed, 24 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462819