https://www.taxtmi.com/caselaws?id=192402 The governing legal principle from the cited precedents was held to bind the parties, and the genuineness of the transactions was to be examined in that light. The Tribunal's dismissal of the Department's appeal was therefore not treated as the final word on the factual issue. The matter was remitted to the Assessing Officer for fresh adjudication on the factual matrix, with the declared legal position to be applied while testing whether the transactions were genuine. en-us Wed, 02 Nov 2016 00:00:00 +0530 Mon, 29 May 2017 21:41:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192402 The governing legal principle from the cited precedents was held to bind the parties, and the genuineness of the transactions was to be examined in that light. The Tribunal's dismissal of the Department's appeal was therefore not treated as the final word on the factual issue. The matter was remitted to the Assessing Officer for fresh adjudication on the factual matrix, with the declared legal position to be applied while testing whether the transactions were genuine. Case-Laws Income Tax Wed, 02 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192402