https://www.taxtmi.com/caselaws?id=236527 The High Court ruled in favor of the tax department, partially allowing their appeals. The court upheld the disallowance of interest, valuation of perquisites, and addition of deemed dividends, emphasizing the need to prevent tax avoidance. However, the court agreed with the Tribunal's decision to not club the income of the assessee's spouse with the assessee's income under the Income Tax Act. en-us Tue, 27 Aug 2013 00:00:00 +0530 Wed, 10 Aug 2016 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236527 The High Court ruled in favor of the tax department, partially allowing their appeals. The court upheld the disallowance of interest, valuation of perquisites, and addition of deemed dividends, emphasizing the need to prevent tax avoidance. However, the court agreed with the Tribunal's decision to not club the income of the assessee's spouse with the assessee's income under the Income Tax Act. Case-Laws Income Tax Tue, 27 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236527