2013 (4) TMI 978

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....Shri Sapnesh Sheth, A.R. O R D E R PER : T.R.Meena, Accountant Member This is an appeal at the behest of the Revenue which has emanated from the order of CIT(A)-II, Ahmedabad, order dated 24.05.2010 for A.Y. 2007-08. The sole ground of appeal is against deleting the additions of ₹ 7,19,095/- made on account of unaccounted investment in jewellery. 2. There was a search u/s.132 of the I....

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....see by considering CBDT's Instruction No.1916, wherein 500 grams per married lady and 100 grams per man are allowed as normal jewellery received on marriages and other occasions. 3. Now, the Revenue is before us. Ld. CIT D.R. opposed the finding of the ld. CIT(A) and requested to restore back the order of the A.O. Ld. Counsel for the appellant relied upon the order of the CIT(A) and requested to ....