https://www.taxtmi.com/caselaws?id=19070 The court held that the genuineness of the transaction must be determined before assessing whether the amount covered by the document is income under section 69D of the Income-tax Act. The court directed that the case should be decided in line with a Division Bench decision if the transactions are found to be genuine, returning the reference as the question referred does not arise for consideration at the present stage. All contentions were kept open, and no order as to costs was made. en-us Fri, 10 Mar 1995 00:00:00 +0530 Tue, 03 Nov 2009 17:12:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19070 The court held that the genuineness of the transaction must be determined before assessing whether the amount covered by the document is income under section 69D of the Income-tax Act. The court directed that the case should be decided in line with a Division Bench decision if the transactions are found to be genuine, returning the reference as the question referred does not arise for consideration at the present stage. All contentions were kept open, and no order as to costs was made. Case-Laws Income Tax Fri, 10 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19070