https://www.taxtmi.com/caselaws?id=26167 A Tribunal's finding that an assessee's loan credit was unexplained remained a pure finding of fact because it was based on the lender's statement and assessment material, and no relevant material was ignored or shown to be irrelevant. The High Court reiterated that interference is warranted only where a factual finding is unsupported by evidence or is perverse; that threshold was not met. As no question of law arose, a reference under section 256(2) of the Income-tax Act, 1961 was not justified and the reference application failed. en-us Thu, 08 Aug 1985 00:00:00 +0530 Wed, 03 Feb 2010 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26167 A Tribunal's finding that an assessee's loan credit was unexplained remained a pure finding of fact because it was based on the lender's statement and assessment material, and no relevant material was ignored or shown to be irrelevant. The High Court reiterated that interference is warranted only where a factual finding is unsupported by evidence or is perverse; that threshold was not met. As no question of law arose, a reference under section 256(2) of the Income-tax Act, 1961 was not justified and the reference application failed. Case-Laws Income Tax Thu, 08 Aug 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26167