2011 (6) TMI 1015

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....ivas O R D E R Per N.S. SAINI, A.M :- This appeal filed by the assessee is directed against the order passed by the ld. CIT(A)-II, Chennai dated 27.11.2009 for Block Period 1.4.1996 to 2.1.2003 2. The only issue involved in the present appeal is that the ld. CIT(A) erred in confirming the addition of Rs. 4,07,880/- in respect of jewellery found during the course of search conducted on ....

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....ing Officer. 5. Before us, the ld. A.R. submitted that considering the status of the assessee, jewellery of 1387.330 gms could be taken as received by assessee as gift. 6. On the other hand, the ld. D.R. supported the orders of the lower authorities. 7. We find that no evidence whatsoever for receiving gift was brought on record either before us or before the lower authorities. Further, n....