Court sets aside Tribunal order, restores appeal for fresh hearing in Bombay. Interim stay continues.

The SC set aside the Tribunal's order, restoring the assessee's appeal for fresh hearing by the Tribunal Bench at Bombay. The Court did not express any view on the case merits. Interim stay granted in 1997 will continue until appeal disposal. No costs were awarded.

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The Supreme Court of India set aside the Tribunal's order and restored the assessee's appeal to be heard afresh in detail by the Tribunal Bench at Bombay. The Court did not express any view on the merits of the case. The interim stay granted by the Court in 1997 will continue until the appeal is disposed of again. No costs were awarded.

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