https://www.taxtmi.com/caselaws?id=244562 The ITAT upheld the CIT(A)'s decision, dismissing both the assessee's and Revenue's appeals. The additions for deemed dividend, interest on loans to sister concern, and bogus purchases were confirmed. The CIT(A) and ITAT provided detailed reasoning for their decisions, emphasizing the applicability of relevant provisions under the IT Act. en-us Fri, 14 Feb 2014 00:00:00 +0530 Sat, 01 Mar 2014 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244562 The ITAT upheld the CIT(A)'s decision, dismissing both the assessee's and Revenue's appeals. The additions for deemed dividend, interest on loans to sister concern, and bogus purchases were confirmed. The CIT(A) and ITAT provided detailed reasoning for their decisions, emphasizing the applicability of relevant provisions under the IT Act. Case-Laws Income Tax Fri, 14 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244562