https://www.taxtmi.com/caselaws?id=267924 The Tribunal allowed the appeal, directing the AO to recompute the deemed dividend considering only advances received by the assessee until the date of sale of shares. The addition for low household withdrawals was deleted as the Tribunal found the total household withdrawals sufficient given the family size and living standard. The judgment was pronounced on 30/09/2015. en-us Wed, 30 Sep 2015 00:00:00 +0530 Tue, 17 Nov 2015 05:54:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267924 The Tribunal allowed the appeal, directing the AO to recompute the deemed dividend considering only advances received by the assessee until the date of sale of shares. The addition for low household withdrawals was deleted as the Tribunal found the total household withdrawals sufficient given the family size and living standard. The judgment was pronounced on 30/09/2015. Case-Laws Income Tax Wed, 30 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267924