https://www.taxtmi.com/caselaws?id=199013 The Tribunal upheld the First Appeal Authority's decision, emphasizing the correct computation of accumulated profits for the purpose of section 2 (22) (e) and the exclusion of capital subsidy from such profits. The judgment highlighted the importance of considering commercial sense profits and adhering to legal principles in determining deemed dividends under the Income-tax Act. en-us Wed, 13 Aug 2014 00:00:00 +0530 Sat, 17 Feb 2018 06:40:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199013 The Tribunal upheld the First Appeal Authority's decision, emphasizing the correct computation of accumulated profits for the purpose of section 2 (22) (e) and the exclusion of capital subsidy from such profits. The judgment highlighted the importance of considering commercial sense profits and adhering to legal principles in determining deemed dividends under the Income-tax Act. Case-Laws Income Tax Wed, 13 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199013