https://www.taxtmi.com/caselaws?id=351175 The Tribunal dismissed the Revenue's appeal, upholding the deletion of additions related to on-money cash payments for property purchase and the taxability of dividend income under section 2(22)(e) of the Income Tax Act. It emphasized the requirement for corroborative evidence to support such additions and clarified that deemed dividend can only be taxed in the hands of shareholders. en-us Tue, 12 Sep 2017 00:00:00 +0530 Mon, 20 Nov 2017 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351175 The Tribunal dismissed the Revenue's appeal, upholding the deletion of additions related to on-money cash payments for property purchase and the taxability of dividend income under section 2(22)(e) of the Income Tax Act. It emphasized the requirement for corroborative evidence to support such additions and clarified that deemed dividend can only be taxed in the hands of shareholders. Case-Laws Income Tax Tue, 12 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351175