Tribunal Overturns Section 69 Addition: No Extra Tax on Gold, Diamonds in WPS Account After Remand Report Review.

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....Addition u/s 69 - value of gold and diamond in Peak in WPS account - the details were culled out from the books maintained by the assessee - no doubt, assessee did not offer convincing explanation before the AO, but Tribunal was convinced with the explanation read with the statements given by the customers and job workers in remand report - no addition called far....