Jewellery found in search raises unexplained investment issue; AO to allow extra deductions for minors under IT Act Sec 69.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Unexplained investment u/s 69 - jewellery found during search and seizure - AO directed to allow further deduction of 100 gms in respect of minor male children and 250 gms in case of minor female children of assessee, which the ld. CIT(A) has failed to give - AT....