https://www.taxtmi.com/caselaws?id=797390 Section 69A additions for cash found during search cannot be sustained where ownership is supported by an untested affidavit, cash accounts showing balances, withdrawals and receipts, and identifiable sources, with no contrary evidence rebutting the explanation. Jewellery found in a joint family household is treated as explained where the search-time valuation places it within the aggregate limits under CBDT Instruction No. 1916. Accordingly, plausible and unrebutted evidence of source, together with jewellery within applicable household limits, prevents an addition for unexplained assets. en-us Wed, 12 Aug 2026 00:00:00 +0530 Fri, 21 Aug 2026 08:28:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797390 Section 69A additions for cash found during search cannot be sustained where ownership is supported by an untested affidavit, cash accounts showing balances, withdrawals and receipts, and identifiable sources, with no contrary evidence rebutting the explanation. Jewellery found in a joint family household is treated as explained where the search-time valuation places it within the aggregate limits under CBDT Instruction No. 1916. Accordingly, plausible and unrebutted evidence of source, together with jewellery within applicable household limits, prevents an addition for unexplained assets. Case-Laws Income Tax Wed, 12 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797390