https://www.taxtmi.com/caselaws?id=165021 A corporate veil may be lifted only on a proper factual foundation, and relief based on treating defence-related transactions as non-sales or non-works contracts cannot stand where the relevant facts were not established before the assessing authorities. The Court noted that the assessee's separate corporate identity, third-party transactions, contract structure, supply arrangement, valuation mechanism, and tax incidence all required factual examination. Because the Tribunal granted relief without adequate analysis and the record was insufficient for final determination in revision, the dispute had to be remitted for fresh adjudication and reconsideration after the assessee was allowed to produce relevant documents. en-us Thu, 11 Mar 2010 00:00:00 +0530 Tue, 14 Oct 2014 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165021 A corporate veil may be lifted only on a proper factual foundation, and relief based on treating defence-related transactions as non-sales or non-works contracts cannot stand where the relevant facts were not established before the assessing authorities. The Court noted that the assessee's separate corporate identity, third-party transactions, contract structure, supply arrangement, valuation mechanism, and tax incidence all required factual examination. Because the Tribunal granted relief without adequate analysis and the record was insufficient for final determination in revision, the dispute had to be remitted for fresh adjudication and reconsideration after the assessee was allowed to produce relevant documents. Case-Laws VAT and Sales Tax Thu, 11 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165021