Tribunal Misunderstands AO and CIT(A) Findings, Case Remanded for Reassessment of Facts and Reasoning.

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....Recording of wrong facts & reasoning by Tribunal - Tribunal did not correctly appreciate as to what AO and CIT (A) held and what was their reasoning which led to their respective conclusion - Tribunal being the last Court of appeal on facts, its finding on the question of fact is of significance - case remanded to tribunal....