https://www.taxtmi.com/caselaws?id=270822 The tribunal partially allowed the Assessee's appeal regarding the addition as deemed dividend under section 2(22)(e) of the Act. The tribunal upheld the disallowance of TDS under section 40(a)(ia) for storage charges paid for agricultural products. However, no detailed analysis or specific relief was provided for the other issues raised by the Assessee, including non-consideration of explanations and submissions by lower authorities, justification of penalties under sections 234A, 234B, and 234C of the Act, and initiation of penalty proceedings under section 271(1)(c) of the Act. en-us Tue, 17 Nov 2015 00:00:00 +0530 Sat, 16 Jan 2016 07:55:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270822 The tribunal partially allowed the Assessee's appeal regarding the addition as deemed dividend under section 2(22)(e) of the Act. The tribunal upheld the disallowance of TDS under section 40(a)(ia) for storage charges paid for agricultural products. However, no detailed analysis or specific relief was provided for the other issues raised by the Assessee, including non-consideration of explanations and submissions by lower authorities, justification of penalties under sections 234A, 234B, and 234C of the Act, and initiation of penalty proceedings under section 271(1)(c) of the Act. Case-Laws Income Tax Tue, 17 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270822