https://www.taxtmi.com/caselaws?id=340020 The appeal was partially allowed for statistical purposes, with directions for the recomputation of accumulated profits excluding share premium and verification of proportionate taxation of deemed dividend based on shareholding. The Tribunal upheld the taxation of deemed dividend in the hands of the individual shareholder, dismissing the appellant's arguments against the inclusion of share premium in accumulated profits. The decision was rendered on 15th February 2017. en-us Wed, 15 Feb 2017 00:00:00 +0530 Mon, 13 Mar 2017 20:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340020 The appeal was partially allowed for statistical purposes, with directions for the recomputation of accumulated profits excluding share premium and verification of proportionate taxation of deemed dividend based on shareholding. The Tribunal upheld the taxation of deemed dividend in the hands of the individual shareholder, dismissing the appellant's arguments against the inclusion of share premium in accumulated profits. The decision was rendered on 15th February 2017. Case-Laws Income Tax Wed, 15 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340020