https://www.taxtmi.com/highlights?id=37047 Protective addition - when addition was already made in the hands of the overseas companies on substantive basis treating them as residents in India, there is no justification for the Assessing Officer to make such an addition in the hands of a share holder on protective basis, when no benefit was derived by her from these companies to protect the interest of revenue. - AT en-us Sun, 03 Dec 2017 08:22:56 +0530 Sun, 03 Dec 2017 08:22:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37047 Protective addition - when addition was already made in the hands of the overseas companies on substantive basis treating them as residents in India, there is no justification for the Assessing Officer to make such an addition in the hands of a share holder on protective basis, when no benefit was derived by her from these companies to protect the interest of revenue. - AT Highlights Income Tax Sun, 03 Dec 2017 08:22:56 +0530 https://www.taxtmi.com/highlights?id=37047