https://www.taxtmi.com/caselaws?id=271792 The Tribunal ruled in favor of the assessee, holding that the Rs. 2 crores received was part of a commercial transaction and not a deemed dividend under Section 2(22)(e) of the I.T. Act. The transaction was deemed a reimbursement for printing labor charges, supported by past business dealings and adjustments against bills. Following the precedent set by the Hon'ble Delhi High Court, the Tribunal directed the deletion of the addition, allowing the appeal filed by the assessee. en-us Mon, 18 Jan 2016 00:00:00 +0530 Wed, 17 Feb 2016 06:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271792 The Tribunal ruled in favor of the assessee, holding that the Rs. 2 crores received was part of a commercial transaction and not a deemed dividend under Section 2(22)(e) of the I.T. Act. The transaction was deemed a reimbursement for printing labor charges, supported by past business dealings and adjustments against bills. Following the precedent set by the Hon'ble Delhi High Court, the Tribunal directed the deletion of the addition, allowing the appeal filed by the assessee. Case-Laws Income Tax Mon, 18 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271792