https://www.taxtmi.com/caselaws?id=263224 The Tribunal partly allowed the appeal, remitting one issue back to the AO for verification regarding an unexplained credit of Rs. 21,50,000 received from the assessee's minor son. The Tribunal directed that if the claim is verified, no addition should be made. In the second issue, the Tribunal adjusted the deemed dividend amount of Rs. 45 lakh, considering the credit balance in the company's books, resulting in a partial allowance of the grounds. en-us Wed, 18 Feb 2015 00:00:00 +0530 Wed, 04 Mar 2015 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263224 The Tribunal partly allowed the appeal, remitting one issue back to the AO for verification regarding an unexplained credit of Rs. 21,50,000 received from the assessee's minor son. The Tribunal directed that if the claim is verified, no addition should be made. In the second issue, the Tribunal adjusted the deemed dividend amount of Rs. 45 lakh, considering the credit balance in the company's books, resulting in a partial allowance of the grounds. Case-Laws Income Tax Wed, 18 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263224