https://www.taxtmi.com/caselaws?id=26895 The High Court of Delhi, consisting of Judges D. K. Kapur and S. Ranganathan, examined questions proposed in a reference application u/s 256(2). The court determined that certain questions were questions of fact and one was covered by a Supreme Court judgment. The court found that alleged cash credits in the assessee's books were supported by evidence and emphasized the importance of having all evidence on record. Regarding ownership of half interest on bank deposits, the court concluded that no legal question arose due to lack of evidence on ownership distribution. The application was dismissed with costs imposed. en-us Fri, 22 Mar 1985 00:00:00 +0530 Tue, 09 Feb 2010 11:55:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26895 The High Court of Delhi, consisting of Judges D. K. Kapur and S. Ranganathan, examined questions proposed in a reference application u/s 256(2). The court determined that certain questions were questions of fact and one was covered by a Supreme Court judgment. The court found that alleged cash credits in the assessee's books were supported by evidence and emphasized the importance of having all evidence on record. Regarding ownership of half interest on bank deposits, the court concluded that no legal question arose due to lack of evidence on ownership distribution. The application was dismissed with costs imposed. Case-Laws Income Tax Fri, 22 Mar 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26895