https://www.taxtmi.com/caselaws?id=3688 The court dismissed the Revenue's application for reference under section 256(2) of the Income-tax Act. The court upheld the Tribunal's findings that the cash found with the assessee was explained and that income from undisclosed sources, despite maintaining regular books of account, could not be treated as undisclosed income. The court cited judicial consistency and the finality of previous court orders in similar cases involving the same parties. The application was deemed to fail, maintaining consistency in judicial decisions. en-us Tue, 11 Jan 2005 00:00:00 +0530 Fri, 12 Jul 2013 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3688 The court dismissed the Revenue's application for reference under section 256(2) of the Income-tax Act. The court upheld the Tribunal's findings that the cash found with the assessee was explained and that income from undisclosed sources, despite maintaining regular books of account, could not be treated as undisclosed income. The court cited judicial consistency and the finality of previous court orders in similar cases involving the same parties. The application was deemed to fail, maintaining consistency in judicial decisions. Case-Laws Income Tax Tue, 11 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3688