Supreme Court rules against assessee in appeal; remand order not a legal question.

The Supreme Court dismissed the appeal, ruling against the assessee and in favor of the Revenue. The court held that the order of remand was not considered a question of law, based on the precedent set in Phool Chand Bajrang Lal v. ITO [1993] 203 ITR 456. No costs were awarded in this case.

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The Supreme Court dismissed the appeal based on the decision in Phool Chand Bajrang Lal v. ITO [1993] 203 ITR 456. Question No.1 was answered against the assessee and in favor of the Revenue. Question No. 2, being an order of remand, was not considered a question of law. No costs were awarded.

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