2008 (5) TMI 237

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..... , 2006 passed byIncome Tax Appellate Tribunal, Delhi Bench 'B' Delhi in IT (SS) 362(Delhi)2004 andIT (SS) 153 (Delhi) of 2005 relevant for the Block period 1st April, 1995 to 26thFebruary, 2002. 2. A search and seizure operation was carried out in respect of Deepsons group of cases which included the Assessee. The premises of the Assessee were searched on 26th February, 2002 and the Income Tax de .....

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..... ery had been acquired and gifted by friends and relatives, particularly on the silver anniversary. 4. The Assessing Officer did not accept the explanation with regard to the document recovered from the premises and partly accepted the explanation with regard to the jewellery. The Commissioner of Income Tax (Appeals) agreed with the view of the Assessing Officer. 5. The Tribunal took into conside .....

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..... in question. Moreover, the Assessing Officer maintained a silence when his comments were called for. 8. In so far as the jewellery is concerned, the Tribunal accepted the fact that the Assessee received gifts from friends and relatives at the time of marriage, as also from the adoptive and natural parents of the bride as also on the occasion of completing 25 years of marriage. We do not find thi .....

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