1997 (9) TMI 30

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Full Text of the Document

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....ommercial premises of the petitioner on 24th/25th Feb., 1989, jewellery worth Rs. 1,71,570 was seized by the Department. The value of the jewellery was treated as the income of the assessee and a reassessment was framed by the AO accordingly. Another addition of Rs. 55,897 was made on account of some papers which were found during the course of search. Feeling aggrieved against the order of reasse....