https://www.taxtmi.com/highlights?id=105017 Jewellery claimed as streedhan, customary family holdings and marriage gifts cannot be treated as unexplained solely through an ad hoc addition where family ownership is supported by affidavits and photographs, the family's status and past income are relevant, and no Revenue valuation exists. Jewellery accumulated in earlier years need not correlate with income declared for the relevant year, and married daughters may lawfully keep jewellery at their parental home. Cash found in a search is not unexplained where bank records establish sufficient withdrawals by the individual and family members. On these grounds, additions for jewellery and cash were deleted. en-us Thu, 15 Oct 2026 05:44:05 +0530 Thu, 15 Oct 2026 05:44:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105017 Jewellery claimed as streedhan, customary family holdings and marriage gifts cannot be treated as unexplained solely through an ad hoc addition where family ownership is supported by affidavits and photographs, the family's status and past income are relevant, and no Revenue valuation exists. Jewellery accumulated in earlier years need not correlate with income declared for the relevant year, and married daughters may lawfully keep jewellery at their parental home. Cash found in a search is not unexplained where bank records establish sufficient withdrawals by the individual and family members. On these grounds, additions for jewellery and cash were deleted. Highlights Income Tax Thu, 15 Oct 2026 05:44:05 +0530 https://www.taxtmi.com/highlights?id=105017