https://www.taxtmi.com/caselaws?id=277238 A Tribunal's finding that a sum represented income from undisclosed sources, rather than business receipts, can be sustained where surrounding circumstances and affidavit evidence provide material support; direct evidence is not essential if the inference is reasonable. The High Court's interference is confined to cases where there is no evidence or the conclusion is unreasonable, arbitrary, or impossible. Separate reference jurisdiction under Section 66(2) of the Income-tax Act, 1922 arises only after a question has first been sought under Section 66(1) and refused. Where no such request was made, the court has no jurisdiction to answer that question. en-us Tue, 10 Mar 1953 00:00:00 +0530 Thu, 29 Nov 2018 16:10:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277238 A Tribunal's finding that a sum represented income from undisclosed sources, rather than business receipts, can be sustained where surrounding circumstances and affidavit evidence provide material support; direct evidence is not essential if the inference is reasonable. The High Court's interference is confined to cases where there is no evidence or the conclusion is unreasonable, arbitrary, or impossible. Separate reference jurisdiction under Section 66(2) of the Income-tax Act, 1922 arises only after a question has first been sought under Section 66(1) and refused. Where no such request was made, the court has no jurisdiction to answer that question. Case-Laws Income Tax Tue, 10 Mar 1953 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277238