2002 (6) TMI 15

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..... he order of the Tribunal is a confirming order. But, that would not absolve the Tribunal from independently examining the issues and then discussing the same. We, therefore, set aside the order and direct the Tribunal to decide it afresh after giving opportunity to the assessee. - - - - - Dated:- 24-6-2002 - Judge(s) : V. S. SIRPURKAR., N. V. BALASUBRAMANIAN. JUDGMENT The judgment of the c .....

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..... and 18 to 21. Beyond certifying those findings to be correct, the Tribunal does not seem to have applied its mind at all. We do not know as to why the Tribunal has held that the Commissioner of Income-tax (Appeals) was correct in holding the transaction as a business transaction, for which no reasons are forth-coming. Similarly, no reasons are forthcoming again for certifying as correct the findi .....

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