https://www.taxtmi.com/caselaws?id=245119 The ITAT partially allowed the Assessee's appeal by limiting the deemed dividend disallowance to the accumulated profit from earlier years and reducing the ad-hoc disallowance of various expenses from 10% to 5%. The decision was pronounced on March 14th, 2014. en-us Fri, 14 Mar 2014 00:00:00 +0530 Thu, 20 Mar 2014 14:13:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245119 The ITAT partially allowed the Assessee's appeal by limiting the deemed dividend disallowance to the accumulated profit from earlier years and reducing the ad-hoc disallowance of various expenses from 10% to 5%. The decision was pronounced on March 14th, 2014. Case-Laws Income Tax Fri, 14 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245119