https://www.taxtmi.com/caselaws?id=86176 The Tribunal ruled in favor of the appellants, finding that the sales to M/s. MICO did not qualify as sales to a related person. It concluded that the factors presented did not establish a mutuality of interest between the parties. Additionally, the Tribunal held that the assessments should not be conducted under Section 4(1)(a) proviso (iii) as the circumstances did not demonstrate mutual interest as required by the law. The appeal was allowed based on the lack of evidence supporting a mutual interest relationship, and the provisions of Section 4(1)(a)(iii) were deemed inapplicable. en-us Fri, 01 Nov 1996 00:00:00 +0530 Wed, 10 Aug 2011 16:14:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86176 The Tribunal ruled in favor of the appellants, finding that the sales to M/s. MICO did not qualify as sales to a related person. It concluded that the factors presented did not establish a mutuality of interest between the parties. Additionally, the Tribunal held that the assessments should not be conducted under Section 4(1)(a) proviso (iii) as the circumstances did not demonstrate mutual interest as required by the law. The appeal was allowed based on the lack of evidence supporting a mutual interest relationship, and the provisions of Section 4(1)(a)(iii) were deemed inapplicable. Case-Laws Central Excise Fri, 01 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86176