https://www.taxtmi.com/caselaws?id=354310 The High Court dismissed all appeals, upholding the Tribunal's decisions. The Assessee's deductions under Sections 80Q and 80-IA were accepted, with the Court emphasizing the consistent accounting methods. The assessment of 'deemed dividend' under Section 2(22)(e) was also in favor of the Assessee, as the transactions were deemed commercial and not loans or advances. The Revenue failed to present substantial questions of law to challenge the Tribunal's findings, leading to the Court affirming the Tribunal's decisions. en-us Wed, 03 Jan 2018 00:00:00 +0530 Fri, 27 Jul 2018 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354310 The High Court dismissed all appeals, upholding the Tribunal's decisions. The Assessee's deductions under Sections 80Q and 80-IA were accepted, with the Court emphasizing the consistent accounting methods. The assessment of 'deemed dividend' under Section 2(22)(e) was also in favor of the Assessee, as the transactions were deemed commercial and not loans or advances. The Revenue failed to present substantial questions of law to challenge the Tribunal's findings, leading to the Court affirming the Tribunal's decisions. Case-Laws Income Tax Wed, 03 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354310