1989 (10) TMI 32 - HC - Income Tax

Summary

The High Court of Kerala dismissed the original petition of an assessee in an income tax case for the assessment year 1984-85. The court upheld the addition of Rs. 1,65,000 as income from undisclosed sources, as the assessee failed to prove the genuineness of cash credits from six persons. The Appellate Tribunal's finding that the cash credits were not genuine was deemed binding as a question of fact, and the court declined to refer the case for further decision.