https://www.taxtmi.com/caselaws?id=38287 The source of an unexplained cash credit and the adequacy of the assessee's explanation are ordinarily questions of fact. Where the assessee admits receipt of money, the burden lies on him to prove the source and rebut the inference that it is income. On the facts, the Tribunal found the cash credit unsatisfactorily explained and treated it as the assessee's income; that finding was supported by evidence and was not shown to be perverse. No separate question of law arose on the rejection of the explanation, the post-remand assessment, or the admission of additional evidence. en-us Wed, 01 Sep 1976 00:00:00 +0530 Mon, 05 Apr 2010 13:08:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38287 The source of an unexplained cash credit and the adequacy of the assessee's explanation are ordinarily questions of fact. Where the assessee admits receipt of money, the burden lies on him to prove the source and rebut the inference that it is income. On the facts, the Tribunal found the cash credit unsatisfactorily explained and treated it as the assessee's income; that finding was supported by evidence and was not shown to be perverse. No separate question of law arose on the rejection of the explanation, the post-remand assessment, or the admission of additional evidence. Case-Laws Income Tax Wed, 01 Sep 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38287