SHRI VISHWAKARAMA JEWELLERS ,AKOLA vs. DCIT AKOLA CIRCLE, AKOLA
In the result, assessee’s appeal is allowed
ITA 99/NAG/2025[2017-18]Status: DisposedITAT Nagpur22 Sept 2025AY 2017-18
Bench: Shri Narender Kumar Choudhry & Shri K.M. Roy, Accountant, Member
For Appellant: Shri S.G. GandhiFor Respondent: Shri Surjit Kumar Saha
Section 115BSection 133ASection 143(3)Section 69B
282
Undisclosed Investment in Silver
` 6,21,348
Undisclosed investment in precious stones
Undisclosed investment in diamond jewellery
` 58,55,236
Undisclosed investment in platinum jewellery
` 62,993
Total undisclosed investment
` 69,37,859
5. The learned CIT(A) partially allowed the appeal by holding as follows:–
“Accordingly, the arguments of the appellant that the surrendered income