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2005 (8) TMI 676 - HC - Income TaxChallenged the findings of Tribunal - claim of lease rentals on the transactions of sale-cum-lease back agreement - Whether the transaction of sale-cum-lease back is genuine or not and whether the lease rent should be allowed or not - HELD THAT:- The admitted facts are that assessee is a Government company and when the Tribunal found the transaction as genuine, this finding of fact in our view is not perverse and when the finding of the Tribunal is not perverse, no question of law does arise for admission of the appeal. The appeal stands dismissed at admission stage.
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