https://www.taxtmi.com/caselaws?id=278957 The Tribunal partly allowed the appeal for statistical purposes and fully allowed the appeal. It directed the AO to reconsider certain disallowances and deletions based on evidence and legal precedents. The Tribunal emphasized strict interpretation of deemed dividend provisions and recognized the genuine nature of the gift transactions and purchases involved. en-us Wed, 19 Oct 2016 00:00:00 +0530 Wed, 27 Feb 2019 06:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278957 The Tribunal partly allowed the appeal for statistical purposes and fully allowed the appeal. It directed the AO to reconsider certain disallowances and deletions based on evidence and legal precedents. The Tribunal emphasized strict interpretation of deemed dividend provisions and recognized the genuine nature of the gift transactions and purchases involved. Case-Laws Income Tax Wed, 19 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278957