https://www.taxtmi.com/caselaws?id=194910 The High Court directed remand where the factual genuineness of disputed transactions required fresh examination by the Assessing Officer in light of binding Supreme Court and High Court precedent. The legal position from those authorities was to be applied, but the underlying facts had to be re-examined before a final tax determination could be made. The appellate proceedings were accordingly disposed of by sending the matter back for reconsideration, leaving the substantive tax issue open at that stage. en-us Wed, 02 Nov 2016 00:00:00 +0530 Thu, 05 Oct 2017 21:02:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194910 The High Court directed remand where the factual genuineness of disputed transactions required fresh examination by the Assessing Officer in light of binding Supreme Court and High Court precedent. The legal position from those authorities was to be applied, but the underlying facts had to be re-examined before a final tax determination could be made. The appellate proceedings were accordingly disposed of by sending the matter back for reconsideration, leaving the substantive tax issue open at that stage. Case-Laws Income Tax Wed, 02 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194910