2015 (8) TMI 478 - SCH - Income Tax

Additions on account of unexplained cash credit - The Commissioner of Income-tax (Appeals) on re-appraisal of the entire documentary evidence adduced by the said Vipin Kumar has come to the conclusion that even the documents showing the sale of jewellery were doubtful also confirmed by ITAT - The finding of the Tribunal being based on cogent material cannot be said to be perverse as is sought to be pleaded by learned counsel for the petitioner as held by HC 2003 (9) TMI 41 - DELHI High Court - Held that - Tax effect is very nominal. Even otherwise no question of law much less a substantial question of law arises from the impugned order whereby tribunal has sustained the additions - Decided against assessee.