https://www.taxtmi.com/caselaws?id=787702 Challenge concerned attribution and explanation of jewellery found during search: where relatives were present the tribunal allowed a judicious reduction of the confirmed addition because possession by relatives was plausible despite absence of contemporaneous affidavits or third party corroboration, while upholding deletion that matched a cash flow accepted by the Settlement Commission; accordingly the deletion for cash flow explained jewellery was sustained, a partial reduction of the addition was directed, and the balance addition was confirmed. en-us Mon, 05 Jan 2026 00:00:00 +0530 Wed, 11 Mar 2026 08:17:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787702 Challenge concerned attribution and explanation of jewellery found during search: where relatives were present the tribunal allowed a judicious reduction of the confirmed addition because possession by relatives was plausible despite absence of contemporaneous affidavits or third party corroboration, while upholding deletion that matched a cash flow accepted by the Settlement Commission; accordingly the deletion for cash flow explained jewellery was sustained, a partial reduction of the addition was directed, and the balance addition was confirmed. Case-Laws Income Tax Mon, 05 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787702