TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of ITAT held that the assessee had actually declared dividend of Rs. 22.67 crores and paid DDT of Rs. 4.61 crores thereon, and that the higher figure of Rs. 27.26 crores in the ROI was an inadvertent inclusion of DDT in the dividend figure. ITAT noted that the assessee had substantiated this with financial statements before CPC and the AO, and that the AO's reliance solely on the ROI figure was unjustified. The addition made towards excess DDT liability was therefore held to be unsustainable and directed to be deleted. On depreciation for assets acquired pursuant to demerger from a state entity, ITAT followed its earlier years' decisions and upheld the assessee's depreciation claim, allowing the appeal.
TaxTMI 
TaxTMI 
