Even if Ginni isn’t jewellery yet if taken as jewellery by revenue in seizure it can’t later on hold

IT : Where assessee's explanation that jewellery found at time of search belonged to his mother and wife had been accepted by revenue authorities, even though gold sovereigns (ginnis) might not be an item of jewellery, still assessee's explanation would apply to those sovereigns as well and, thus, addition in respect of same was to be deleted