https://www.taxtmi.com/caselaws?id=207264 The Tribunal remanded the case to the Assessing Officer for further examination of agreements and parties involved to determine the true nature of transactions. The AO was directed to reconsider issues in accordance with the law, allowing the assessee a fair opportunity to present their case. The appeal was allowed for statistical purposes, and the matter of interest under section 234B was also remanded for reconsideration. en-us Wed, 10 Nov 2010 00:00:00 +0530 Tue, 06 Dec 2011 22:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207264 The Tribunal remanded the case to the Assessing Officer for further examination of agreements and parties involved to determine the true nature of transactions. The AO was directed to reconsider issues in accordance with the law, allowing the assessee a fair opportunity to present their case. The appeal was allowed for statistical purposes, and the matter of interest under section 234B was also remanded for reconsideration. Case-Laws Income Tax Wed, 10 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207264