https://www.taxtmi.com/caselaws?id=22325 The court dismissed the application under section 256 of the Income-tax Act, emphasizing that the genuineness of cash credit entries is a question of fact, not law. Citing precedents, the court concluded that the determination of the genuineness of such entries falls within the realm of factual findings, not legal questions warranting reference to the High Court. The burden of proof rested on the assessee to explain the cash credits, and the court found no grounds for reference based on the factual nature of the issue. en-us Wed, 08 May 1991 00:00:00 +0530 Wed, 09 Dec 2009 11:59:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22325 The court dismissed the application under section 256 of the Income-tax Act, emphasizing that the genuineness of cash credit entries is a question of fact, not law. Citing precedents, the court concluded that the determination of the genuineness of such entries falls within the realm of factual findings, not legal questions warranting reference to the High Court. The burden of proof rested on the assessee to explain the cash credits, and the court found no grounds for reference based on the factual nature of the issue. Case-Laws Income Tax Wed, 08 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22325