https://www.taxtmi.com/caselaws?id=278282 The ITAT upheld the CIT(A)'s decisions in the case, dismissing the department's appeals. The CIT(A)'s deletions of additions under Section 2(22)(e) for deemed dividends, "Income from House Property," and disallowance under Section 40A(2)(b) were supported. The judgments stressed adherence to legal definitions and precedents concerning deemed dividends, fair rent valuation, and reasonable interest payments under the Income Tax Act, 1961. en-us Thu, 16 Nov 2017 00:00:00 +0530 Wed, 23 Jan 2019 07:34:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278282 The ITAT upheld the CIT(A)'s decisions in the case, dismissing the department's appeals. The CIT(A)'s deletions of additions under Section 2(22)(e) for deemed dividends, "Income from House Property," and disallowance under Section 40A(2)(b) were supported. The judgments stressed adherence to legal definitions and precedents concerning deemed dividends, fair rent valuation, and reasonable interest payments under the Income Tax Act, 1961. Case-Laws Income Tax Thu, 16 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278282