https://www.taxtmi.com/caselaws?id=117513 The Tribunal allowed the appeal, directing the deletion of the additions of Rs. 9,75,000 and Rs. 1,20,000. It found the addition of Rs. 9,75,000 from Cyberspace Films Pvt. Ltd. under section 68 and as deemed dividend under section 2(22)(e) unjustified. Similarly, the addition of Rs. 1,20,000 from Mrs. Prity Dadlani was deemed unwarranted. The Tribunal emphasized that the sources were adequately explained, and the Assessing Officer's conclusions were erroneous. en-us Mon, 30 May 2005 00:00:00 +0530 Thu, 02 May 2024 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117513 The Tribunal allowed the appeal, directing the deletion of the additions of Rs. 9,75,000 and Rs. 1,20,000. It found the addition of Rs. 9,75,000 from Cyberspace Films Pvt. Ltd. under section 68 and as deemed dividend under section 2(22)(e) unjustified. Similarly, the addition of Rs. 1,20,000 from Mrs. Prity Dadlani was deemed unwarranted. The Tribunal emphasized that the sources were adequately explained, and the Assessing Officer's conclusions were erroneous. Case-Laws Income Tax Mon, 30 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117513