https://www.taxtmi.com/caselaws?id=194745 The dispute concerned whether cash found with the assessee represented sale proceeds of gold and whether the explanation offered was acceptable. The HC held that the authorities below had relied on material on record, including statements of examined persons and other evidence, and that the finding rejecting the assessee's explanation was plausible and not perverse. As the matter turned on appreciation of evidence rather than any debatable legal issue, no substantial question of law arose for interference. en-us Fri, 23 Feb 2007 00:00:00 +0530 Fri, 22 Sep 2017 17:43:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194745 The dispute concerned whether cash found with the assessee represented sale proceeds of gold and whether the explanation offered was acceptable. The HC held that the authorities below had relied on material on record, including statements of examined persons and other evidence, and that the finding rejecting the assessee's explanation was plausible and not perverse. As the matter turned on appreciation of evidence rather than any debatable legal issue, no substantial question of law arose for interference. Case-Laws Income Tax Fri, 23 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194745