https://www.taxtmi.com/caselaws?id=37121 The court dismissed the petition seeking a reference to the High Court under section 256(2) of the Income Tax Act, 1961. The Tribunal's decision to add a cash credit of Rs. 20,000 to the assessee's income was upheld, based on a thorough examination of evidence and credibility of statements. The court affirmed that the questions raised were factual, not legal, and within the Tribunal's jurisdiction. The rejection of the appeal was justified as no legal questions arose, leading to the dismissal of the petition with no costs awarded. en-us Thu, 17 May 1979 00:00:00 +0530 Fri, 26 Mar 2010 16:35:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37121 The court dismissed the petition seeking a reference to the High Court under section 256(2) of the Income Tax Act, 1961. The Tribunal's decision to add a cash credit of Rs. 20,000 to the assessee's income was upheld, based on a thorough examination of evidence and credibility of statements. The court affirmed that the questions raised were factual, not legal, and within the Tribunal's jurisdiction. The rejection of the appeal was justified as no legal questions arose, leading to the dismissal of the petition with no costs awarded. Case-Laws Income Tax Thu, 17 May 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37121