Allowing the appeal of the assessee  the High Court held that  amount received from sister concern in a running account were held not to constitute as an infraction under Section 269SS. Accordingly the  Tribunal should   have   remanded matter back. High Court set aside the order of the Tribunal. Court observed that ITAT completely ignored its previous order which had the effect of restoring back to the AO the matter for the relevant AYs for fresh assessment. The judgment of the Supreme Court in CIT v. Jai Laxmi Rice Mills Ambala City (2015) 379 ITR 521 (SC). (AY. 1992-93)