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of <h1>SC dismissed the appeal due to nominal tax effect and lack of substantial legal question.</h1> SC dismissed the appeal due to nominal tax effect and lack of substantial legal question. - [2015] 373 ITR 679 (SC) Additions on account of unexplained cash credit - The Commissioner of Income-tax (Appeals) on re-appraisal of the entire documentary evidence adduced by the said Vipin Kumar has come to the conclusion that even the documents showing the sale of jewellery were doubtful also confirmed by ITAT - The finding of the Tribunal being based on cogent material cannot be said to be perverse, as is sought to be pleaded by learned counsel for the petitioner as held by HC [2003 (9) TMI 41 - DELHI High Court] - Held that:- Tax effect is very nominal. Even otherwise, no question of law, much less a substantial question of law, arises from the impugned order whereby tribunal has sustained the additions - Decided against assessee. The Supreme Court dismissed the appeal as the tax effect was nominal and there was no substantial question of law for consideration.
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