https://www.taxtmi.com/caselaws?id=271335 The appeal involved various disallowances and additions under different sections of the Income Tax Act. The disallowance of commission paid and payment to laborers under section 40(a)(ia) was upheld due to non-deduction of tax. However, the addition of deemed dividend under section 2(22)(e) was reversed as the assessee was not a registered shareholder of the lending company. The addition of unexplained cash credit under section 68 was partly allowed, and the addition on account of gross receipts was upheld. The appeal was partly allowed, with modifications based on evidence and legal provisions. en-us Wed, 27 Jan 2016 00:00:00 +0530 Tue, 02 Feb 2016 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271335 The appeal involved various disallowances and additions under different sections of the Income Tax Act. The disallowance of commission paid and payment to laborers under section 40(a)(ia) was upheld due to non-deduction of tax. However, the addition of deemed dividend under section 2(22)(e) was reversed as the assessee was not a registered shareholder of the lending company. The addition of unexplained cash credit under section 68 was partly allowed, and the addition on account of gross receipts was upheld. The appeal was partly allowed, with modifications based on evidence and legal provisions. Case-Laws Income Tax Wed, 27 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271335