https://www.taxtmi.com/caselaws?id=329775 The Tribunal partly allowed the assessee's appeal by deleting the surcharge on tax determined under section 163 of the Income Tax Act. The Department's appeal was entirely dismissed as the Tribunal found no justification for the additions made in the hands of the assessee when the same amounts had already been taxed in the hands of other entities. en-us Mon, 30 May 2016 00:00:00 +0530 Fri, 08 Jul 2016 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329775 The Tribunal partly allowed the assessee's appeal by deleting the surcharge on tax determined under section 163 of the Income Tax Act. The Department's appeal was entirely dismissed as the Tribunal found no justification for the additions made in the hands of the assessee when the same amounts had already been taxed in the hands of other entities. Case-Laws Income Tax Mon, 30 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329775