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2015 (7) TMI 1052 - AT - Income TaxUnexplained investments in relation to jewellery found during the course of search action - Held that:- if the difference in weight is ignored the description of the items of the jewellery almost tallied with that of the items already declared by the assessee. Moreover the overall weight of jewellery already declared by the assessee in her books of accounts is more than that of the jewellery found during the course of search action. In view of the above stated facts it cannot be said in this case that the jewellery found during the search action was unexplained. The additions thus in this case are not warranted and the same are ordered to be deleted. - Decided in favour of assessee
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