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2011 (7) TMI 142 - DELHI HIGH COURT
Search and seizure - Undisclosed income - Assessing Officer accepted 400 grams of jewellery as explained and treated jewellery amounting to 506.900 grams as unexplained and made an adhoc addition of ₹ 3,87,364 under Section 69A of the Act working on unexplained jewellery, by applying average rate of the total jewellery found - Held that: assessee was married for more than 25-30 years. The jewellery in question is not very substantial. The learned counsel for the appellant/assessee is correct in her submission that it is a normal custom for woman to receive jewellery in the form of “stree dhan” or on other occasions such as birth of a child etc - Decided in favour of the assessee