https://www.taxtmi.com/caselaws?id=283592 The High Court dismissed both appeals, emphasizing that the assessing authority's inquiry should have been limited to verifying the genuineness of the payments made by the assessee, as directed by the Tribunal. The Court held that the assessing authority exceeded its jurisdiction by reopening the matter decided in favor of the assessee by the Tribunal. It was concluded that no substantial question of law arose from the Tribunal's order, leading to the dismissal of both appeals. en-us Tue, 03 Oct 2006 00:00:00 +0530 Tue, 01 Oct 2019 16:11:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283592 The High Court dismissed both appeals, emphasizing that the assessing authority's inquiry should have been limited to verifying the genuineness of the payments made by the assessee, as directed by the Tribunal. The Court held that the assessing authority exceeded its jurisdiction by reopening the matter decided in favor of the assessee by the Tribunal. It was concluded that no substantial question of law arose from the Tribunal's order, leading to the dismissal of both appeals. Case-Laws Income Tax Tue, 03 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283592