https://www.taxtmi.com/caselaws?id=49594 The Supreme Court examined whether the Tribunal's finding that certain credits represented the appellant's undisclosed income was based on evidence or on conjecture, misreading of affidavits and improper rejection of material; it concluded the Tribunal misread a key affidavit, ignored departmental enquiries and witness statements, and relied on impermissible inferences, rendering the factual finding unsustainable. The Court further held that appellate intervention was justified because the Tribunal's conclusions were unsupported and tainted by irrelevant consideration, and accordingly set aside the Tribunal's order and remitted the matter for fresh consideration with liberty to adduce further evidence. en-us Thu, 05 Mar 1959 00:00:00 +0530 Fri, 20 Nov 2015 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49594 The Supreme Court examined whether the Tribunal's finding that certain credits represented the appellant's undisclosed income was based on evidence or on conjecture, misreading of affidavits and improper rejection of material; it concluded the Tribunal misread a key affidavit, ignored departmental enquiries and witness statements, and relied on impermissible inferences, rendering the factual finding unsustainable. The Court further held that appellate intervention was justified because the Tribunal's conclusions were unsupported and tainted by irrelevant consideration, and accordingly set aside the Tribunal's order and remitted the matter for fresh consideration with liberty to adduce further evidence. Case-Laws Income Tax Thu, 05 Mar 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49594