https://www.taxtmi.com/caselaws?id=49594 A factual finding is vulnerable to judicial review when it is reached by ignoring relevant evidence, relying on irrelevant material, or mixing proof with conjecture and suspicion. The Supreme Court note states that the Tribunal's conclusion treating cash credits as undisclosed income could not stand because it narrowly read the assessee's explanation, discounted later enquiries and statements, and drew adverse inferences without properly testing the material. The proper approach requires a fair consideration of all circumstances for and against the assessee, and a finding so reached may raise a question of law. The matter was therefore to be reconsidered on the entire relevant record, 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 A factual finding is vulnerable to judicial review when it is reached by ignoring relevant evidence, relying on irrelevant material, or mixing proof with conjecture and suspicion. The Supreme Court note states that the Tribunal's conclusion treating cash credits as undisclosed income could not stand because it narrowly read the assessee's explanation, discounted later enquiries and statements, and drew adverse inferences without properly testing the material. The proper approach requires a fair consideration of all circumstances for and against the assessee, and a finding so reached may raise a question of law. The matter was therefore to be reconsidered on the entire relevant record, 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